Member Info for ajs8220

"More blue than red."

Indeed. Yet look at the chart. It shows they have been successful in suckering in mugs like you - little buys, big sells.

Until now.

That news item is a Reach. A marketing communication. By definition not financially material or significant. If it was significant it would be a regulated full RNS.

How much of the Leinster assets does TM1 control? Difficult to tell. We do know it controls norra lot of GBML, another opaque multi-listed related party. But what these assets actually mean in terms of TM1 shareholder value is never disclosed.

So today's news is just a spoof to sucker in mugs who don't know the difference between a regulated RNS and an unregulated Reach. Those announcements don't come cheap. Another few grand of your money spaffed writing and publishing it.

Who is selling? Have you mugs been able to work that out yet?

They tried that last time.

It went below the placing price within 24 hours (always a really bad sign).

Those who have bought this crock, with its questionable characters and related party carve ups, on the back of a nod and a wink and a telegram link are mugs. There is no other word for them.

I will continue to point it out so those whose homework brings them here can see the other side of the rose-tinted story.

I'm not going anywhere.

I would also say that what I predicted this time last week has been borne out. Any little buys are matched with big sells, and the trajectory is unquestionably down.

We know who is buying - mugs from the telegram group, either new marks or topper-uppers believing the ongoing narrative that is being spun. But who is selling?

Re-read last Tuesday's RNS and see if you can work it out.

Believe what you like Seagull. It's too late for you, you've already fallen for it.

If I can lead one person to do their own homework around that 7 November RNS and thereby not get involved in this little related party bunco, I'll be happy.

Public markets need to be purged of the likes of Cleverly (did you see the Tingo news yesterday?) and his associates. That is the only justification I need to be posting here.

If you want a positive, ra-ra echo chamber without the bear case I suggest you stick to the telegram group, but I'll be providing some unmoderated balance here at least.

I haven't watched the webinar, but from the reports I smell bull****.

'The banks' don't write to you.

'A bank' might, but 'the banks' don't.

As ever, it's the way he tells them.

In other words, lube up pedro61.

Good to see Simms still retro-fitting what he said last time to more serial non-delivery.

The last RNS said

"Progress on all fronts maintains the plan to launch... before the end of 2023."

"KEFI has working capital in place to underpin its planned runway to the intended launch of the Tulu Kapi Project finance in the coming months."

In other words, you're all in the crosshairs for a placing in the new year. Veteran Hapless Harry watchers can see it coming a mile off.

"10k at 8:01"

i smell bull****. or it was the drink talking and he isn't even out of bed yet.

I predicted last week that any buying would be aggressively sold into. Seagull and Andy wanted you to believe there would be 'no selling'. Yet it is red here for the third day running.

So when are you fools going to wake up to what last Tuesday's RNS actually means?

I believe it was the same yesterday.

If you are genuinely kidding yourself that those trades are from a PI, you deserve all you've got coming to you.

Five biggest trades yesterday - all sells. Finished red.

Two biggest trades today - both sells. Red as I write.

Yet Seagull and Andy want you to believe there will be 'no selling'.

When are you fools going to wake up to what Tuesday's RNS actually means?

LOLOL!!!

Look, I know this share has a reputation for being promoted by people who talk fast to slow-thinking people, but have a look through my posts and see if you can work it out for yourself. It's 'yes' or 'no'.

OK, for the really really hard of understanding, I can confirm Gutts that I do not own shares in Technology Minerals.

What an odd echo chamber that would be, Loon! A bit like a private, tightly controlled and moderated Telegram group I suppose.

As a proponent of clean, honest, efficient public markets I am entitled to comment wherever I wish. What I hate to see is honest people losing their hard earned money to the sharks that infest certain parts of the small cap market. This game is hard enough even when the wheel is not biased against you.

If you invest anywhere knowing and understanding all the facts, then different opinions are what make a market. But that knowledge and understanding is vital if you are to avoid becoming just another mark.

I'm not going anywhere.

We'll see who has the last laugh Andy.

Yesterday I said "any buying will be aggressively sold into". And right on cue, the four biggest trades this morning?

All sells.

"One small RNS" - covering control over nearly 12% of your company!

"Move on" - now why would somebody who only ever posts on TM1, and only ever with a strong buy opinion, want someone posting advising caution to "move on"?

I'll be watching this like a hawk Andy. And after Tuesday's announcement I don't think I'm the only one. The game might be up on this related party three card Monte.

"There is no share selling" - we'll see about that.

"They will be throwing off cash soon" - we'll see about that too.

OK, I'll be blunt. There is one very obvious potential reason why you would structure the deal between the three related parties in the way they have. The funds come from mug punters recruited in telegram groups and via other chit-chat buying shares in TM1. Who is selling? Read the RNS again really carefully and try to join the dots for yourself.

This deal, between the related parties and on the terms disclosed, is not a normal straight up loan facility between a lender and a borrower secured on the assets of the borrower. You have to ask yourself why? And when you think about that, who wins and who loses becomes clear.

Look, if you think this is about to start throwing off tons of cash, the debt all gets paid off and you are left with enough enterprise value to make you all richer than Richard the Rich, that's great. Fill your boots.

But I'm telling you, that deal disclosed on Tuesday is not the sort of normal, commercial transaction a good public company with good prospects would do on a 10% margin. IMHO it lines up holders and future buyers here for a potential shafting.

So if it does end up that way, don't say you weren't warned.

Don't 'bow to my superior knowledge' Toplocks, try to acquire some of your own.

My post is negative because I have done a little homework since the RNS and none of the reasons I can come up with for structuring this series of related party deals like this are positive for TM1 shareholders.

For me that makes this uninvestable at any price. I don't have to own them all, and if I can just avoid the dawgs, buy a few solid, cash generative ones and get a couple of the more speculative calls right I will beat the market handsomely.

But it's not a zero sum game. There are plenty of participants taking a cut quite legally and legitimately too, so those who do get it wrong lose very heavily. I think long term holders here fall into that category, and will continue to take the pain along with newcomers suckered in by the telegram chit-chat.

Stick around by all means, it's your money the company has after all, but when it does unravel as I believe is only a matter of time, please don't say you weren't warned of your folly.

Yesterday afternoon's RNS looks very murky indeed.

The related party carve ups between TM1, Century Cobalt, Recyclus and CLG don't pass the sniff test I'm afraid. I wouldn't be surprised if there is now an overhang of the 11.98% mentioned yesterday as the lender tries to reduce its exposure under the loan. Any buying will be aggressively sold into, and that's why it finished red today. It may be allowed to float up and down on the tide as new mugs are suckered in via telegram and other chit-chat, but the overall direction will be down.

Anyone buying or holding here is asking for it IMHO.

DYOR, etc.