Member Info for buried_treasure

Horult the article I linked to yesterday said ten fire crews. No doubt the good people of Wolves will be delighted their council tax goes up in smoke like this.

You'd reckon West Midlands Fire Service are going to start getting pretty ****** off sending 10 fire engines on a fairly regular basis to deal with these incidents.

Another fire at LiBatt.

https://www.birminghammail.co.uk/black-country/fire-crews-rush-blaze-battery-30050776?int_source=amp_continue_reading&int_medium=amp&int_campaign=continue_reading_button#google_vignette

"Recyclus is also in advanced discussions with several new potential industry and financial partners from the UK and global organisations to provide additional financial flexibility to support its development plans."

That's ominous for TM1 shareholders who are at the bottom of the list after Recyclus creditors, TM1 secured creditors, TM1 unsecured creditors and Recyclus shareholders in terms of realising value.

Once that money to buy Recyclus assets goes into a newco, the shafting is complete.

Disgraceful? Certainly.

Legal? Definitely.

Predictable? Utterly.

The same BogdanT who said "It's not the company, capital markets overall are the issue."

The price was 0.95 at the time.

Best ignored.

That 13m last week was not a buy. It was a sell by Atlas.

Mcap at bid £1.7m

Outstanding death spiral £1.85m

It's COPL all over again. Anyone buying now is only helping Atlas lose less money.

Cost cuts too little too late and will likely increase cash burn in the short term.

Game over for TM1 shareholders.

Shows how strapped for cash those involved with these companies are. £4,600 raised from the tg faithful. Must be desperate to do that knowing it would need disclosed.

If you were loaded and believed these were going to bag why sell now?

Come off it. 50 t/m is nowhere near breakeven at the PLC level.

They have 50 t black mass to ship to India for month 1. What about future months? By their own admission struggling for feedstock, but believe they're at an inflection point. Yeah right. Said that a year ago, since when there has been little progress to justify an enormous cash guzzle.

Total busted flush. All over bar the shouting.

More paid for Proactive puff.

Trying to create liquidity for Atlas to sell into because they all know another drawdown is incoming. Can't help but talk about serial non-delivery but wants the TG fools to buy again on the premise that this time it will be different. Just comes off as desperate.

Outstanding death spiral now half the market cap. Atlas must be sh**ting themselves. And looking for any way possible to refuse a further drawdown.

"Not a single number inside"

50 Liboxes?

The phone number for Alex and Robin, the Broker and PR?

There's no pleasing some people.

The Nomad is in real trouble over this, and Turner the CFO also has a LOT of explaining to do.

Then why the "Third Admission of Shares" RNS on 15/7?

That implies three tranches of £250k had been received when in fact only £600k had!

No mitigation for such blatant rule breaks. They had shares admitted to listing that hadn't been paid for!

Utterly uninvestable. How can you trust a word they say?

There are clear breaches of AIM rules and the Companies Act in the RNSs since May.

Regulation of the London market is a joke. And yet some want it looser, presumably so they can skin even more private investors without consequences.

Shareholders here should be demanding answers.

You've been Jolly Rogered mate.

Whoever that was, I'm sure Atlas will be very grateful for your £9k.

Now beat it.

"there is a massive disconnect between the value & mcap"

What an arrogant post!

There is zero value in the operations. They are burning cash and have no way of generating any until some time after the TFS lands.

There has been no news on closing the deal to sell Leinster and no confirmation that is bankable.

As the share price keeps falling Mr Market is telling you any disconnect between value and mcap is on the downside.

Suck it up buttercup.

Methinks dusty is actually quite salty.

Both. And joining them down the hole, anyone who buys in at this point. I think it's all over bar the recriminations.