Absolutely, even 1p a bottle is £1.2 million in revenues, but that’s not the point, this opens up a massive market and is sure to trigger wider adoption around the World. There is a new Directors talk interview on SYM’s Twitter feed which follows up on the RNS. Well worth a look. Clarifies I think that we are talking about bottles for solid products such as vitamin supplement pills but there are huge volumes of bottles used for such products. Michael Laurier is clearly excited about this deal and is very clear about how transformational this is likely to be for the Company. Very excited to be holding shares here, but please do your own research before investing and all that jazz.
The off takes will come, and so will the lithium. It all takes time and I can wait. This one is a no brainer in my view. There is no way the largest hard rock lithium resource in Europe isn’t going to come into production.
Not sure…..it says for nuitritional supplements and bottles of all sizes so it could be just solids or maybe liquids as well. I know the ‘dose’ of the product can be adjusted to allow for degradation at different speeds so it may be that the process is simply delayed long enough to avoid the issue. Either way, this looks like a decent deal. Apart from anything else it will help spread the word and to generate wider adoption. Hopefully they will do an interview to explain more .
120 million bottles in the first year sounds pretty impressive
For umpteen months the small retail folk have been selling (no doubt mostly because of the slide in the SP) while the big boys have been mopping up big round number chunks on the cheap. When they have had their fill and/or all the weak hands have sold, then we might see a reversal of this depressing trend. No way I am selling down here. GLA
Brilliant video out on SYM’s Twitter account with Chris Packham being interviewed about the impact of plastic waste in the environment and directly referring to how excited he is about SYM’s product. Get retweeting all Sym holders!
We had a pretty comprehensive and upbeat trading update with expected timescales on 17th December which is only a couple of months ago. Nothing is late. Business development takes time. I can wait.
Almost there. Can’t blame anyone for the weather. Not long now.
Am I the only one here that can’t understand a word Chesh says? No offence meant Chesh, just too cryptic for my old grey cells to process!
Agree, let’s move on. We all know Q1 will be poorish, but Q2 is looking very promising for news including at Dugbe which seems to be consistently overlooked by the market. In time all the woes over a few bad months at Yan will be forgotten and value will out. All imo only of course!
We have already had a trading update to 31.12.21 so very unlikely to get another one in February unless they have something new to report.
Nope
That’s because a lot of the trades are buys irrespective of colour, including mine!
Agreed. Two very solid RNSs following up a long series of positive news.
Let’s hope we go blue this time. Surely the market will see this as a significant development and not Covid dependent.