Sal De Vida update, page-92

Yes i'm comfortable with Simon Hay steering the Galaxy ship..it's still early days for him, but he has the credentials..and avoiding a bidding war (with KordaMentha's dodgy Chinese sponsored shell-company candidate) was the right decision at the time..I would like to see SH as CEO with a new Chairman supporting him in the wake of May's AGM. Martin Rowley's credentials reveal a guy who was Chairman of a smaller lithium company (Lithium One) that was acquired by a larger lithium company (our Galaxy) and got himself the gig as Chairman of GXY then got his son a job there in a senior highly-paid role. Given that we've only just reversed the 'down line' that saw our SP trashed 80% from $4.58 to a bottom of 81.5c it would be truly awful if MR was to engineer a repeat of his previous stunt..We get the opportunity to vote-him-out before he has the opportunity to become Chairman of a bigger fish that swallows up GXY..he has that form..just a few months to avoid that happening ahead of the AGM/vote in May..my votes are already decided..bye bye MR..and the former Morgan Stanley exec Peter Bacchus assuming he's up for re-election too..

What doesn't sit well is Chinese interests acquiring A40..not just scoring Bald Hill at fire-sale pricing at the bottom of the lithium-sector trashing..but buying A40 (at that fire sale price) months AFTER the rereversal of the trashing of lithium industry..If the judge approves the Chinese interest's acquisition of Alita the cat will have stolen the cream just in time for Martin Rowley to face the music (at May AGM) for his role in sinking circa $40 million into a rival lithium producer..only to watch a dodgy Chinese sponsored entity walk away with the company's assets at a fraction of the cost of developing a mine like Bald Hill..

What the Hell are we funding the FIRB for when they simply rubber- stamp stunts like this. Any investigation into the background of that dismal saga, would reveal this is tantamount to theft of Australia's assets. Our politicians are selling our future for peanuts..lazy, ignorant overpaid bureaucrats..cocooned at taxpayers' expense. I applaud every petition..every Class Action..every demand for a Royal Commission into the shenanigans occurring through our corrupted ASX casino..