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"I think they are shipped abroad for recycling ther may be no recycling plants in the uk but there are in Europe."
Some are being shipped overseas - primarily to the US and Asia. The bulk are being sent to the EU but lots of the EU lithium-ion recyclers are also relatively small scale and are often only an adjunct to other recycling or minerals activities. A number of the plants in the EU have also suspended lithium-ion recycling in recent months/years, due to the complexities involved.
The biggest issue is not necessarily the transport of the batteries or the recycling process itself - but the onward sale of black mass. Some of the established recyclers have an advantage in that they already have relationships with cell manufacturers... but TM1/Recyclus are already building those relationships and have the home market advantage in a space where the UK government is investing in domestic manufacturing.
I'm not worried by the Winnifrith Weasels... I treat their contributions with the weight they deserve.
Reading comprehension isn't your strong point, is it? AS I said, they also do servicing...
And a number of electric bike manufacturers take back batteries.
I was at a local electric bike manufacturers yesterday, for a sneak peak at their new range. They're small scale at the moment but with good growth plans. They also do servicing and guess who they've just signed up with to recycle their old batteries?
To be honest Loggy, I don't think anyone's interested in ajs' Winnifrith inspired ramblings. Both ajs and Winnifrith as irrelevant non-entities who troll for clicks.
"Apologies for the lack of capitalisation in that earlier post. I typed it in Word and pasted it here. The LSE front end disapproves of that it seems."
We just assumed you are an illiterate, deramping troll...
So CLG couldn’t pony up and has been kicked to the kerb. Excellent news!
There's quite a few penny traders in this stock unfortunately. They'll sell into any decent rise.
Hopefully those getting those shares are longer term investors, who recognise that the real value is in the medium to long term, when TM1/Recyclus will lead a significant new industry in the UK.
"Lone wolf" = extremist nutter...
This is excellent news… but a note of caution. India is almost as bad as China when it comes to ripping off technology and patents. I hope TM1/RG have good contract managers and lawyers in place as they’ll need to be on the top of their game in India.
That said, it’s a huge market.
"Oh, I don't know. He'd help me to fall asleep which is what I try and do anyway!"
Hopefully not when you're driving....
We must be almost due an update on the WMG shredder deal.
There isn't the infrastructure currently to support hydrogen - and it won't be quick to develop, given the issue around hydrogen storage.
"£2.1M into our coffers . Great news, now the question is how that cash will be utilised."
Nope. Not £2.1m...
"Trevor Brown, CEO of Braveheart, commented: "The sale of our holding in Phasefocus represents a gain of £1.31m over cost, which is a highly satisfactory CAGR of 48.29% for Braveheart shareholders."
@NewInvestments.
Maths isn't your strongpoint, it is? 0.95 > 0.0325.
Can I just point out that we do have 'lawyers' in England, Wales and Scotland? It's a generic term that describes those who practice the law and who are qualified to advise on legal matters, whether they are a solicitor, a barrister, a solicitor advocate (England and Wales) or an advocate (Scotland).
The usual suspects will try to paint this as a calamity.
Real long term investors will see it for what it really is.
"It's dollars not £s"
It's $s and €s - not £s.
Mine (in no particular order):
SYME
ROQ
TM1
BRH
NFX
All will be long term holds (and adds) for me.
YMMV.
“Doesn’t look too good…”
Reading comprehension clearly isn’t your strong point.
That’s just the sort of report long term investors were expecting. There’s quite a bit in there to be optimistic about.