Ann: Guyana Morabisi Lithium Exploration Farm in Project, page-16

There is a chance u will not see Xcel Capital (or whoever the mystry investor was) or their change in substantial holding in T20 list in the annual report even if "A" mystry investor was there. Reason being;

(1) The placement was made PRE drilling result when gpp was was appealing (to "mates"?) at 0.5c. Given the investor now got to learn the faith of Turesi/drilling results, they may sell before the annual report ... if they get a chance (buy volumes are against the).

(2) If they are trapped like the rest of us, then if their holding in T20 shows a change of more than 1%, they will have "a question" ( or maybe two subsequently) to answer to ASICASX as I underestand they should have informed the market of any change greater than 1% (given they are substantial holders). So, another reason they may sell before it will all surface, given there was not much in it for them worth headache of answering questions, after dud drill results.

It is however possible in general (not saying it is the case here) that a "mate" would know more than the rest of us ordinary holders about where a company is heading and they may be appreciative they were offered the opportunity to invest at a shell price ....hmmm I think we discussed why some would prefer keep SP low, and not necessarily ordinary prospective holders!!!!