Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

In my opinion the share price is suffering due to location of lithium target just like all Argentinian lithium brine companies. However GW1 is the only Argentinian lithium based company I am invested in and supportive of.

The difference now with GW1 is Chinese involvement. The Chinese did not pay 55 cents per share for a stake in GW1 just to turn that stake into 19 cents per share. They did it because they believe it to be worth a lot more than 55 cents per share.

The quarterly report released in April said mining license submitted but could take some time before approval. Then there was a visit of Argentinian delegates to China and soon after that mining approval came through. That in my opinion was Chinese involvement.

Chinese get a board seat, then CEO announces resignation. In my opinion the company has changed since the Chinese became involved.

I'm looking forward to the next update on the three drills.

If any country can get around the financial problems that Argentina has it's China. Hence GW1 is the only Argentinian mining company that I am a holder of.