Ann: Galan Secures Glencore Agreement For Offtake & Financing, page-120

Big congratulations to all holders. Heartiest congratulations to JP and the entire team. This development is truly transformative for the company - it's a massive derisking event and a company maker.JP didn't pull a rabbit out of the hat... rather, he pulled an elephant. The strategic alignment with Glencore underscores the efficacy of Galan's overarching strategy and confirms the viability of the LiCl pathway.

A standing ovation is due to Daniel Jiminez, whom I perceive as the mastermind and architect behind this pivotal deal. Without DJ's wealth of experience and extensive network, securing both the commitment of this global powerhouse for our product and a substantial prepayment ranging from $70 -100m would have been a formidable challenge. Such a sizable prepayment arrangement is notably rare in recent memory.

Also...one might anticipate that GanFeng could soon experience a sense of FOMO, prompting a potential bidding war for the phase 2 offtake.

This is the beginning of a rerating I believe.