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Well after buying back in with a very small position 100k I am glad I sold at a small loss Thursday.. will reservedly buy back if it hits 0.55 maybe 0.65 but can see it bouncing off 0.49.. Also will add if we get the news of amalgamation no other news does it for me.. The company is Recyclus & Libatt.. TM1 is NOTHING by itself. Also are both spiral debt lenders now offloading millions of shares every day rather than just the 1.. Shocking.. But management are fine TM1 keeps adding to the debt pile whilst WE pay the wages
At this moment in time this is not TM1's though is it.. just a %age. But all the debt buying it is TM1's... credit where credit is due.. start a business get others to pay for it using an indebted Ltd sub.. we need movement on coming together nothing else matters at this point.
Lol.. so what would the point of all these investor groups be if not discussing the sp given good or negative.. strange way to think.. can understand if a person is not invested.. but long or shorter all have their place/say
Absolute rubbish you try to belittle inferring ignorance when the dynamic has changed greatly since the beginning.. now the pieces are coming together but not in a positive way at the min.. Stick ur condescending comments where the sun does not shine.. bad or good should all be talked about and not shy away from and especially not bullied from.. OK
Well i have been involved since the beginning although not on this platform.. followed it all hence had a decent holding between myself & son. The progress you refer to is Recyclus & Libatt with the funds from TM1 shareholders. I'm not moaning the price goes down just average down if you believe so no worries there.. My worry is why TM1 in the 1st place rather than just float Recyclus.. I understand why they did this risk-averse which given the prospectus I wasn't worried about.. NOW I am worried given the trajectory of TM1 in comparison to the other elements and the top management don't seem too concerned they are getting into bed with spiral loan sharks paying top dollar through TM1 NOT other elements. THIS IS NOW A RED FLAG. Only 1 thing that will make this better is the amalgamation of the 3 elements nothing else will do. Would Recyclus given what it owns be better suited to getting funding.. this answer has to be yes.. So again why TM1
After all that you have not answered the principle point of why TM1 with all the bad elements attached rather than them just floating Recyclus from the beginning, but yet it is TM1 funding that has been keeping the whole shebang going with debt and dilution loaded onto TM1 not the rest.. Now this would not have been questioned if they done what they said they would do.. It seems to me they are playing for time regards the coming together of all the elements Recyclus will take a hit given TM1 owns 49%.. but it will survive unlike us who have put all the cash up to get the whole thing up and running. And it not a matter if you don't like it take ur monies out.. It is what we have been led to believe hence the investment.. and this investment is nothing without all 3 elements coming together as 1.
Another point which is obvious but sometimes you have to spell it out.. Without Recyclus/Libatt TM! is nothing but debt.. how that sound.. in a nutshell.. so diddle doo and diddle dum who are running the show need to get their rubbish together and sort this out.. i am starting to NOT be convinced..
There is a reason TM1 can only get loans from spiral lenders why not Recyclus or Libatt?.. and although I like the concept I have big worry now regarding the structure as the amalgamation progress is being dragged out. What is now worrying me is why TM1?. Was it started just to take on bad debt in turn protecting Recyclus/Libatt all the good elements so it is the small investor that carries the can?.. So we have 3 Ltd companies 2 with working elements & 1 with some mining prospects and a share percentage.. If this goes belly up with the given structure & what investors have been led to believe is happening then those in charge should be prosecuted with fraud. The setup alone shows the thought processes that went into this from the beginning.. And whilst this is all happening we are paying the wages over the past few years through dilution. Without TM1 owning Recylcus/Libatt no mainstream lender is going to lend to a company that owns very little.
The Company has completed the pilot - from finalized design through to operations - in roughly eight months’ time, and with a transition to 24-hour operations, is scaling the pilot facility to a capacity of 75 tons per annum (tpa) of processed black mass input.
The first phase of Aqua Metals’ recycling campus will be designed to process 3,000tpa black mass, for which the Company has secured both sufficient supply of black mass to reach scale and is in the process of finalizing off-take agreements for the recycled materials
Phase 1 is designed to process up to 11,000 tonnes of black mass annually and, subject to receipt of all final regulatory approvals and definitive agreements, is expected to start operations in the first half of 2024, accelerating the recovery of lithium carbonate and strengthening Li-Cycle’s first-mover advantage in Europe