JP offering a share purchase plan in this market is further...

JP offering a share purchase plan in this market is further indication of management incompetency (shows you how desperate he is to raise funds and doesn’t care about driving the share price into the ground) - SPP is an overhang in this capital raising environment and watch the shares get sold down below offer price - guaranteed.

Full steam ahead for production though at any means necessary (who cares about shareholder dilution) so Galan can get into stage 1 production for 4kt per annum…This production capacity will no doubt be printing astronomical amount of cash flows and profits at this scale in this current lithium market where lithium prices are at atm, yeah right. Good luck to all misguided holders backing JP from here who can’t even manage a shoe box. Anyone who trusts someone who tries to hide a third party offer for the projects at the bottom of a secondary trading announcement is an imbecile. Corporate governance is no where to be seen here and management have left themselves and Galan exposed to litigation.

What happened to the deal with Glencore and Chemphys? As soon as they did some due diligence on Galan and how JP runs this co, they were no where to be seen…they didn’t want to part with any money to this fool. JP, Chemphys weren’t our ‘preferred partner’, no they just weren’t interested after dealing with you and the board. A new board or a sale is the only thing to save shareholders now. Cheers, CP.