Ann: Annual Report to shareholders, page-2

Ok. So the most important information is as follows:

This is the list of Top 20 shareholders that have dumped us in the past year.

GOLDENSTAR ENERGY PTY LTD 14,475,002

J P MORGAN NOMINEES AUSTRALIA PTY LIMITED 4,794,192

YGH AUSTRALIA LITHIUM PTY LTD 4,500,000

BRIGHT ELEMENT PTY LTD 4,274,488

JIANZHONG SUN 3,000,000

NATIONAL NOMINEES LIMITED 2,884,600

YAN WU 2,614,584

Total Share dumped = 33,542,866

CITICORP NOMINEES PTY LIMITED and BNP PARIBAS appear to have decreased their holdings but not more than 500k - 1 million units.

Not a great result. Massive holders dumping then causing retail to panic as well. All of this shit explains the relentless downward pressure on GL1 for the entire year.

Also considering how SINCERITY DEVELOPMENT own and also bought a hell of a lot MORE this year, I believe they are entitled to whatever the f* they want in relation to a board seat. They hold 18,023,984 shares and are our THIRD largest shareholder.