RE: Selling3 Jul 2024 20:18
"OK positive news something much better than the silence bit"
Agreed
"Now offtake agreement but with no numbers in The RNS .Is that the same as the deal that need complet DD .50 tons per monthly tweeted why not in the RNS "
I think there will be a few interviews and we may get a bit more meat on the bone - the message today was first and foremost about signing the agreement.
"Where is the length of the agreement it could be for 2 months how do we know ?"
While anything is possible I think you know that that's a bit of an irrational suggestion. However, at some point TM1 / Recyclus are looking at the black mass processing themselves, so this is technically a stop gap.
"Revenue from this offtake is not enough to cover the outgoing spending .to do 50 tons black mass how mach nitrogen electricity and labour .what is left ?"
How do we know, there are no figures in the RNS
"All that is recyclus money its I dependant and TM1 own 48% I doubt any money will come tm1 way whatsoever."
Someone has convinced you of that this morning, saying TM1 can only get money through dividends.
If the value of Recyclus increases, then the value of TM1 increases proportionally.