Respectfully, you can disagree all you want. I don’t...

Respectfully, you can disagree all you want. I don’t particularly care.

It only seems reckless to you as an outsider. In my years investing in GLN I have never known JP to be reckless and I don’t change that view now. Getting pond 1 filled is a top priority if you have a high level of confidence in the Glencore deal going ahead.

You can be the world’s best armchair expert with the benefit of hindsight, but the fact is no one knew exactly what the lithium price was doing, and we don’t know whether GLN increasing their equity position was a late conditional change from Glencore. Either way, show me a lithium company getting better terms on CR in the current environment. Like I said last week, once the CR options get exercised, the average purchase price is almost exactly what we traded at prior to the CR so imo its actually a pretty good outcome in the current market.

Maybe JP doesn’t feel that anything needs explaining and if the Glencore deal goes through I’m pretty sure no one will be whinging about it then either. As a minor shareholder I’m certainly not arrogant enough to expect detailed notes after every board discussion. I trust them to make the right calls and if I didn’t, I’d sell.