Ann: A$25m Capital Raise to Support Full Funding of HMW Phase 1, page-33

pretty sure we are on the same side of optimism for GLN entry into production.

Maybe my reading of lit price forecasts is wrong - or maybe yours is - history will tell. Goldman Sachs, Marketindex (https://www.marketindex.com.au/news/why-lithium-prices-may-never-recover) and others are looking at around ‘29 before we may see significant price increases. Also depends a bit on which stage resource we are talking about - spod, carbonate or hydroxide.

I do know that African lit projects are potentially huge and some are already hitting production at significantly faster rates than projected eg Ganfeng in Mali. Plus I believe the lithium market is highly manipulated to suit various national interests.

I believe we have a good project with Galan, at a good stage and quite possibly near the bottom of the lithium market. If we can produce profitably under those conditions, all is good.

wish you and all investors nothing but the best.