Member Info for bobbust

Easy to get to £10 per share based on this report

Following the final certification, on-site treatment and processing of spent Li-ion batteries will commence immediately.

Fire suppression system in and working.
Feed stock on site.
Revenue generation should star before the end of the month

It's been 6 weeks since any news. Very quiet!
To soon for a Modi 1 update but they are probably working on something

It's was all to do with jumping through hoops for the FCA.
Mostly procedure.
But from memory they were forced to wait untill full year results.
Also the agreed value of each Recyclus share was before the recent drop in SP

Sorry did not go that far back on chat.
Only point I would disagree with is how long we get a gate fee for. It could be a quiet a few years.
This is due to a large stockpile at present.
Increase in amount of batteries to be recycled.
Length of time to open plants

Single plant will do 8300 tons in.
Feed fee £4500 to £1500 per ton.
This will generate 5000 t of black mass.
Black mass selling for £5000/ton
8300 x 2000 ,=16m
5000x 5000=25m
Total turnover £41m

Looking like single plant will turnover of £40 to £50 per year from Lithium only.
MC£22?????

Income up.

Sounds very interesting

Am I correct with this?
Running 360t per day through
Recovering 4g/ ton
1.4kg of gold a day
Gold £50k/ kg
20 days a month
Approximately £1.4m per month turnover.
MC £6m
Is that a fair estimate?

A better 6m.
Looks like the new strategy is working

they have cash for at least a year, probably more.

Lots of chances for deals to raise cash.

steady rise now, hopefully.

Hi
from today "FY22 year-end gross cash of £1.7 million (FY21: £5.5 million) and net debt of £5.8 million"
6m ago gross cash of £0.7 million and net debt of £8 million.
diffrence £3.2m. that is the raise.

they should be profitable now

looks like a profit in H2 of £500,000
it may have turned the corner

He still believes that POW is several undervalued.
Why would he sell?

drill team looked at the cores coming out of the ground and took the payment in shares. @ 2.25p
if they were rubbish they would have taken the cash

Come on get with it.
The contract was announced in May 22.
It was a reach because it was an Umbro product launch.
Not a new contract

Funding at a premium to the SP.
That is quite an achievement in today's climate.

It could be several things.
They are just to weak.
The dose needs to be higher.
They need a CPI to help.
But above 50% in this group is amazing

Would it be fair to say that the results are similar to that shown by the mouse model.

50% reaction by those with the largest tumor load.

Consequently those with a lower tumor load will show a 90 to 100% tumor reduction?