Galan Twitter, page-170

Fair enough.

My view is that other company has been 'once we get an offtake' for the last six months plus while this one is in its infancy.

In fact, just about every lithium co not in production right now has been a 'once we get an offtake' for the last six months.

One needs to at some point decide if they think an offtake will actually happen.

GLN on the other hand is trying to prove it has a resource. Initial results and looking at CSMAT and land holdings suggests GLN will end up with a substantially greater resource.

GLN is coming off an MC of $40M. Upside is just ridiculous and the risk needed is comparatively low to the typical explorer.

So which is more likely to happen from here? GLN finds and proves a resource, or other co finds an offtake? What if both happen? My money is on the first being more likely.

GLN continues to do exactly what they say. Directors are the largest holders. Backgrounds provide very high confidence they are a team that will actually continue to get things done.

HM production costs are exceptionally low. LCE still selling for over $12.5K USD p.a. so margins are huge.

For the record I was also in 'that other one' but made the decision that the upside of GLN was substantially more so shifted it all here. Fortunately for me that was when it was at 28c so I've benefited majorly (I pin that down to luck, to be fair). So my comment of 'check back in a year' was genuine - one of us will be right or the other will. Or if we're lucky, both will. Que sera sera.