Member Info for MarcoArco

Why don't you leave Roland to get on with his job instead of constantly pecking his head? He has clearly made a rod for his own back, having replied to earlier emails from posters on here. Current sp is irrelevant if you have any confidence in SYN

What lance says is well informed and rings true with some investors in TM1. Have you got any substantive evidence to disprove what he is saying? Regardless of his motives he talks a lot more sense than most on here. TM1 are opaque, they obfuscate with Comms when they can't make it sound positive. The cash burn seems high considering current activity, which indicates revenue from manual recycling of lead acid batteries is poor (no surprise there), and revenue from the 'magic boxes' is pee poor (again no surprise). I think Lance's covert message that they are likely a bunch of bandits may be an accurate analysis. Time will tell. Hold or sell depends on your appetite for risk....

It's the nature of exploration, high risk with potential high reward. Dilution is inevitable with any along the way. Still early days here, in what will likely be a long road. Good opportunity at current price to buy in.

Folk invested from the start have seen many op targets/aims come and go, so very difficult to take Q1 ea license acquisition at face value. Old ladies are probably a lot wiser than you give them credit for.

If the likes of bluesky and loon are so confident why are you stressing about current SP?

The worst thing TM1 bod could do right now is release a RNS trying to prop up the sp. Most folk would see it for what it was and SP drop would escalate. They have lost a lot of good will and faith, not that either should influence investment decisions.

They need to wait until substantial, positive progress is made. When they have positive news to release they won't hold back.

Hold or sell depends on your appetite for risk.

Re: small trades
There are platforms which allow commission free trades, minimum trade £2, so no surprise to see these on penny stock like KNB. Will be interested to hear others views on today's RNS....

No one needs a crystal ball to see where this is going. A sick bucket and a bog roll would be more use.

SP hits an all time low and nothing but positive comments on this board.... What the SP does show is reducing confidence in TM1 bod's ability to deliver on their early hype.

@NE14 & MM

YAWN

Give it a rest....... I'm here to trade, not hold, and benefit from any volatility in sp (in the unlikely event that you have any influence on that), but even I am finding your mutual adoration tedious. Book a room FFS.

@ FD

This discussion started before today's RNS, more to do with the previous and the Comms re being ready to start ops. Nothing to do with share price.

I am holding because I only invested what I am prepared to lose. There is still a chance they can make this work. When the company does something worthy of praise I will be positive. It's not a prerequisite to be happy clappy when you are invested.

@SGF
Have you considered the agenda of many here is to have an objective discourse of developments, rather than the apologist and unduly positive narrative of the past few months?

@SGF
I understand you want to try and protect your investment, but (technologies aside) what TapWater says is fundamentally true.

Until they start recycling using an automated process they are selling a 'dream project '.

Difficult to make a profit manually recycling lead acid batteries which is why many go to landfill etc.

Not a massive dilution, but what happened to the £5M TM1 lent to Recyclus? Was that not meant to fund the plants?

Agreed LL, which is why it's difficult to take what they say at face value. Many fell into the same trap back in February (I think), when they declared the first plant 'open'. It's these kind of comms that lead to the suspicions voiced by TapWater. Many of the early doubters have already sold up. Still has potential to be a good business, but whether this bod can deliver remains to be seen. All AIM stocks are a gamble, so might be worth a punt at current prices, if you want to diversify.

@LL

Under the name Halo Battery Recycling Ltd they received the site permit for Tipton in May 2022, and ABTO status for industrial and automotive batteries, and for portable batteries on 17th August 2022. Given they will have to tie up contracts, employ and train staff etc . it might be a stretch for them to be operational already.

@SI
I don't believe I said it adds any clarity. The only beneficiaries of the takeover are shareholders of Recyclus, who have converted a next to worthless company into a tradable asset on AIM. Take a look at the info for Recyclus on Companies House. All very opaque. Last posted unaudited accounts December 2020 when they had £7000 in the bank. Not due to post accounts again until 2023, due to taking advantage of some accounting arrangement/regulation.

The bod are strategically astute when it comes to protecting their own wealth and diluting their exposure to risk, likely at the expense of pi's. There's little value in this takeover for pi's other than some cost savings in the future IF they manage to turn this around. Brundle is a great communicator, but I find it difficult to take what he says at face value now. I hope it comes good for everyone here, including myself, but I won't be increasing my exposure until some significant progress is made in terms of revenue. Current price is probably a good entry point though. All in mho.

@sgf

Fair comment, and I agree with your analysis.

The RNS is deliberately written to obfuscate, which just adds to my distrust of the bod. I would personally vote against and let the thing run its course, rather than see the bod walking away with pockets full of pi's cash

Oh dear, this really is down the pan now. Was my biggest holding, but has gradually been overtaken by several other investments, even in these turbulent times. SGF and SI, the perpetual rampers, are strangely quiet...... News of this must have leaked end of last week, judging by sp movement. Shysters who promised a lot and delivered F A.