Ann: Global Lithium Corporate Update, page-3

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jeremy0201

16 Posts.

15/11/24

16:11

Post #: 76628665
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Originally posted by nilnil1: ↑

“Global Lithium’s foreign control concerns pertain to the circumstances surrounding a potential change of
board control of the Company and the possible consequences for all shareholders. These concerns also
include the potential for transfer of effective control of Global Lithium’s 100% owned Manna Lithium
Project (Manna) near Kalgoorlie without a control transaction taking place or premium being paid.”

It’s getting a lot clearer what’s going on.
I think this opportunistic shareholder ( and his backers) wanting to take control of the Board has a lot more at stake than just his holding of GL1
Ron’s been doing the best job he can preserving our cash which is just over 7c cash backing and I agree, now is not the time to bring out a DFS or an FID with the current depressed lithium price.
CXO was a producer and has halted production due to lithium price. All lithium pre producers/ developers ate in the same boat..what does that say about us?
I’m down 80% like many here but flipping the Board now with this property guy is not the way to go.
I’m with Ron ..

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How to assign a proxy quickly can anyone tell, do we need to fill out the form and send it back or any electronic way of doing that?

GL1 Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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Last 23.0¢		Change 0.020(9.52%)		Mkt cap ! $60.19M

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Ann: Global Lithium Corporate Update, page-3

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