Member Info for MammaC

David, the boxes are £8000 each to buy, the major retailer in just one outlet is instead renting them at £12 per day per box - they have 30 just in that one outlet.

Shortorlong,

The question I asked yesterday was how much black mass is this current facility capable of producing? The answer was 20 tonnes.

Https://valueinvesting.io/TM1.L/estimates

The initial uplift from Glencore is 100 tonnes.

I never thought that I would see urban mining and black mass as sexy however is is literally black gold.

TM1 just at Wolverhampton have the facility without altering anything to produce 20 tonnes per day. That does not include gate fees, nor the sale or rent of the Libatt boxes. One major retailer in just one outlet has 30 boxes rented at £12 per day.

The potential income here is off the scale and our Government is backing it. They have only just received the export licence hence the Glencore uplift begins now.

That is why analysts are predicting an sp of 7p in 2025. Our revenue begins now, and it is very exciting indeed.

Chain, Orcado use 2000 robots in their south facility, thats an awful lot of batteries. If indeed it is Orcado which I think 100% could well be just of course as an educated guess!

Glencore is blue chip and TM1 are also taking from Blue chip companies - they have the back of Government in Scotland and England.

There is a perceived great deal of secrecy as to TM1 clients and why we cannot discuss them by RNS. This was touched on yesterday as one of the questions.

TM1 is a not AIM whereby a nomad signs of an RNS willy nilly. TM1 have to have all announcement run past solicitors and they expressly cannot divulge who their clients are without the clients approval. The clients often do not want their names used which I completely understand ... what client wishes it to be known that they are producing so much hazardous waste, or indeed perhaps using 2000 robots instead of giving humans a job.

I suggest all the doubting derampers on here e mail TM1, ask for a visit and have a look at this very slick going concern with their own eyes - time far better spent than their paranoid false accusations.

Anyone with any idea about business would know that the House of Lords do not waste 90 minutes of their time engaging with Company that is not a going concern, the idea that they would is frankly laughable.

Https://www.independent.co.uk/news/world/europe/ukraine-russia-war-live-trump-putin-zelensky-minerals-deal-b2706373.html

Application modified, could it be JV

Dusty, thank you and 10/10 for your observations regarding share purchases

I left the meeting at 2.45 as I had a long drive from Wolverhampton to beautiful South Herefordshire and wanted to avoid trying to get through Hereford during rush hour (it is truly horrendous with no ring road).

I got home, was warmly welcomed by my very bored dogs, drank a cup of tea and posted some up dates for those that were genuinely interested. I find these boards truly vile and why anyone should have to defend their integrity to such low life is something I am not going to partake in any further.

Five hours of driving and I am exhausted so thank you to all with your kind words. I know not all were able to attend and other positions that I hold I am always grateful for up dates when I cannot attend these things in person.

Next of course will be accusations that I wasn't there ... 🙄

I have been in this share for a very long time and took the opportunity to do some averaging down whilst the sp is so low, I genuinely feel that is not something any of us LTH will be able to do for much longer.

GLA

Yes buried all those subjects were covered but there would be no point my posting being as I am such a liar ... you are unbelievable.

No there are not £1000 trades showing because fees are deducted by my bank on execution of a transaction, how's your arithmetic?

Interestingly I had just spent 10 mins typing answers to the questions that Bufflehead 1992 posted on 26th Feb, my post was almost immediately removed ...

Make of that what you will?

Buried,

My trades are clearly shown on the board and you disgust me with your accusations.

I split my trades because I chose to - I already hold millions of these and came out and bought £1000 worth and then I thought what the heck and bought more. I was buying from my mobile phone and am not particularly tech savy, so I chose to divide it up in order to ensure if any of my transactions went 'wrong' with button pressing while on the move I was minimising my risk.

Dishonest people tend to judge others by their own low moral fibre. Take your vile misjudgement elsewhere, I wish others success in life and would in no shape or form countenance anything that would deliberately encourage others to loose money - sadly that is not the case for many that frequent these often very unpleasant forums.

Evening all,

I am finally home and said that I would try and give an update. Bufflehead1992 posted some questions on this board on 26th of Feb which I took the liberty of printing off this morning.

* Where is the Black mass for Glencore going to? - Germany.

*Are there further orders from Glencore? - Yes and this will probably be monthly, however this is where the word 'trial' comes into play. We are trialling this as there are other options available. I have had sight of the 100 tonnes to be despatched in the next couple of days.

*Do we know how long before trial results? - There is no time frame on this and it is fluid in so far as there will continue to be black mass up lift by Glencore until such time as we may choose to sell elsewhere. Our Government legislations are changing rapidly and Uk will need our product in the not too distant future, there are several options available and other companies to sell to if they so desired.

Are the used batteries donated to us and we only collect? - We sell the Libatt battery recycling containers to the customer (£8000 each container) This is then collected by a Company called Slicker and delivered to the site at a gate fee of £2000 per ton.

As a business model it is superb. A true complete recycle process which we monetise at each recycle stage. From container for batteries, to gate fee to sale of final black mass. The entire plant and process has been developed to far surpass new EU regulation in 2030 for the disposing of all used batteries. Further more Robin himself has recently given a 90 minute presentation in the House of Lords in order that they and House of Commons are all aligned in passing legislation that will work in the Uk. Indeed TM1/Recyclus were given a Government grant to bring the entire concept to fruition.

I was incredibly impressed by what I saw today. Yes I understand the frustration of long term investors and I too am one of them. However, we are now turning a corner and moving forward is very exciting indeed. We have some 'major' clients throughout the entire process and like any Company this is the break through period. What TM1/Recyclus have achieved in such a short space of time is truly remarkable and break even/profitability is very close indeed.

GLA keep the faith.

Buried, it was not one trade it was actually three.

How dare you question my integrity, I do not spend five hours on a car journey visiting a Company that I have no interest in.

Cliveas, yes of course I would very much like to however at the moment I have over a two hour drive home so will post again in more detail when I get back.

Needless to say I am very reassured, so much so that I came out and bought another couple of million shares.

4candles, if your M4 corridor have not heard of Recyclus Group that is either that they are a minnow at the game or perhaps if you had used Libatt the trade name of Recyclus group battery recycling boxes used by some major supermarkets, retailers and car manufacturers that may have helped them?

I have today visited the Recyclus site and it is VERY impressive.

Just been offered 2.75 on HL

Just been offered over the bid to sell my entire holding.

The bid is no 1.50 as quoted here ... I have just been offered 1.72 to sell

I have been having a look at the original RNS's relating to this and the other Galactica wells. Blue Star's RNS May 2022 clearly states that the expectation on casing etc is that the wells will show a bare minimum of that originally discovered as the original drill was done for water. In light of Tanz and drilling deeper and slightly altering the location I do think Lorna and He1 as part of their due diligence will have known that the expectation is this well will produce much more than anticipated.

Of course one never knows but fingers crossed.

Army, you and me both. I tried to average down yesterday and now unsure whether to do so today in case this falls further.