Ann: Change of Director's Interest Notice, page-15

My post suggested none of that so you can go down whichever path you like. My point quite simply is that Jimenez has proven to be a) very well-paid for his efforts, b) poor on investor relations, c) underwhelming in equity participation, yet d) continues to be spoken so highly of by JP and his "friend" Lowry. In reality, like all Li analysts he's been as clueless as the next person as to where the market is actually going, and his price assessments are as out of whack as everybody else's.

It's all well and good as an investor to talk about long-term horizons, patience, etc, but that ignores the reality that Galan do not have the luxury of patience - they have a ~40% built operation and need to finance it next week, not next year. With GFEX futures at CNY76.4k or US$10.6k/t they have their work terribly cut out for them. I continue watching with interest, but it is not lost on me that the only recent lithium financing deal was LTR re-jigging their debt and that was for a project >95% complete. Most other juniors appear to have accepted that capital is no longer on offer and have battened down the hatches.