Company: FEAV
Filing Date: 2025-01-17
Form Type: DEFA14A
Source: 0000950170-25-006729
Chunk: 13

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-01-17
Form: DEFA14A
Chunk 13
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 first project, but obviously then a line of sight on he second and third projects, and obviously that starts to set out your stall for, you know, what is the present value of those three projects and as Paul was kind of alluding to, then the inherent promise that the share price ought to be looking at.

Romeo Maione

6ix

Thanks for that additional context. David from the chat asked, and I'll throw it to both of you, whoever would like to answer. What confidence can you minority shareholders that their interests will be protected given note holder board presence?

Graham Van’t Hoff

Chairman

Let me do this, Paul. And and maybe I can tell you a little bit of a story to seek to address this question, which is in the early phase of the discussion that we have held that have led to this restructuring.

I had a conversation at one point early on with John Wilder, who's the chairman of Bluescape. And I made very clear to him, and I think most of you on the call probably know that I was originally nominated by Bluescape. I was very clear to him, I said, look, uh, you know, I understand kind of where you potentially want to go, but I need to, I have to represent the shareholders here.

I am not representing your interests whatsoever. And I give him credit. He said, that's your job. And it is indeed my job. And going forward, I continue to see it that way. That it is my job and the board's job to look after all the shareholders. And obviously when you're in a position where you've got a majority and minorities, you need to give very special attention to making sure that those minority shareholders are appropriately looked after. And I can guarantee you that I view that as my role and the role of the rest of the board also.

Romeo Maione

6ix

Thanks, Graham. I got time for two more questions and I'll throw it to Graham and Paul to you guys for last words. T Sullivan in the chat asks, is the next shipment of boric acid another 20 odd sac shipment or a larger shipment for a different type of customer testing?

Paul Weibel

CEO

Thanks, Tate. Glad to have you here. So this will be specialty glass out of Asia, and it'll be about that size. I think 22 Super Sacks fits on a truck and on, but I think 18 fits on a boat, so it