Exciting Times16 Nov 2023 09:30
With all the positive news we've had in the past few months I was just reflecting on where TM1 soon to be RG1 (Recylcus Group) is currently at. I've been a share holder for over two years now, I know this company very well and have been here for every low and high we've had so far. I've done my research, read every article, listened to every interview, every forum post and followed every news story. So I wanted to share my current thought and feelings.
The share price is not where we would like it, but in many ways that is currently not the important factor. The company are in the process or rebranding themselves and bringing the vast array of smaller companies all under one banner, that of Recyclus Group. Once that has happened the company is very much simplified and it will no doubt find it much easier to attract investors.
The company now sits in a very exciting space. All their early plans have now come off. The two licenses are granted, the Lithium-Ion plant is running at a good capacity generating steady income, the Lead-Acid plant while still in the commissioning phase will soon be running at capacity and generating a steady flow of profit. Along with that we have the storage boxes which will generate a nice additional income, plus various smaller income streams that are now starting to flow.
We also have the mining side of the company. This is really seen by many as unimportant, but when you consider the value of these assets it really upholds what this company is potentially worth.
The figures that have been quoted over the previous months on the Lithium-Ion plant are quite simply frightening. There are still unknown factors but if said figures prove to be correct, this company will make money quickly allowing for fast and effective expansion.
We have a strong community of core investors who are very knowledgeable and have quite a bit of experience in the industry. There is a good community here willing to share thoughts and experience. We do occasionally have the odd person with an axe to grind who comes along and tries to devalue the company, but that is normal for any company and easy to ignore. There is a handy mute button you can use to silence these people.
We are now in a very exciting place and the future really does look bright for this company. The next few months will see things really take off, as income is proven, deals are completed, the Reverse takeover finalised and then the stars can align. The current share price does not reflect on where the company is and where it soon will be, for those core investors this is a great time to be here and I can't wait to see what the next few months bring.
As always though, please don't take mine or anyone else's word for it. The info is out there, find it, do your own research and then sit back and smile as you see the potential. DYOR.
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