Ann: Notice of initial substantial holder from BRB - Reissued, page-8

I see there are some BRB holders joining the GL1 board.

I have been a BRB holder since early 2021 and have to say that I am quite disappointed with the share price action. So it was a blessing in disguise that BRB decided to sell a significant stake in Manna to GL1 as it is one of my main holdings.

In my opinion, there is no way BRB will sell any of its shares in GL1 until Manna’s full potential has been achieved which will not be until 2023 at the earliest. Otherwise, BRB management would be selling themselves short way too early.

Assuming GL1 hits all their milestones in 2022, we should have a significantly bigger resource as well as some initial scoping study work done for Marble Bar. This should substantially increase the market cap to well over $500m especially if lithium prices continue their current uptrend.

BRB remains significantly undervalued in my opinion and for some reason it is still trading under the radar. I’m still holding but my patience is wearing thin.