It was a great video, and I agree he was somewhat ‘quirky’ and what he was doing had the potential to go the wrong way if it wasn’t dealt with so professionally by Jo and the other member of staff. So much in the video, as you stated the 173 large blue barrels from AA Battery Recycling and also 13 ‘Smaller’ ones (yes I counted). The chimney was interesting, lots of reasons there could be a new chimney, and what seemed to be a new (blue) module, perhaps a vape (small item) line, and extra WEEE capacity, everything seemed to imply commercial productivity, albeit slower than many investors would have liked, but this is new and as Jo said there has been no help from the government (which may well change given the battery strategy). Generally my feeling was the video was exceptionally helpful, I would very much like more of this type of thing from Recyclus themselves, their staff are clearly knowledgeable and an asset and I would be getting them out shop front more often. I’d also really like to see Anwar out talking about his material separation work, he is the one of the main roads to the exceptional longer term vision and profitability, so get him on YouTube talking about the science.
Hi all
Happy Easter. Is there a Telegram group for DG?
Ta
Even on conservative estimates, the feedstock and subsequent blackmass has to be pretty substantial by now. The first offtake should therefore be significant. Companies like Glencore are setting up feasibility testing of blackmass material separation, they will be trying to secure offtake agreements and with limited supply, black mass should be a much sought after commodity. LiCycle were named as Glencore’s ‘preferred supplier’ but the phase one test needs 11kt per year and 70kt per year in phase two, no one European battery recycling company can supply that volume, LiCycle certainly can’t, and that just one potential European buyer of black mass, as battery production regulations change, producers and those involved in the material separation will be future proofing supplies.
Not manipulation, I think MMs have better things to do than watch low volume nanocaps. It’s just the sell and buy are so close.
I have been watching for six months and put my foot in the door today, mine has come up as a sell.
With these types of macroeconomic directional influences, the changes and growth within renewables, the circular economy and associated sectors is going to compound really quickly over the next few years.
You can really sense the change in sentiment. The recent appointment is very encouraging as a commercial director seems to imply they will be directing operational and strategic growth. This company should look very different by the end of the year. The quality of all the recent appointments is very high, some amazing CVs and people will make this company going forward.