The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
A TFS license takes about 12 weeks to get.
When a company applies for the TFS license you need to know the final destination as it is viewed by the EU as a hazardous material. When they say final destination, that means the actual plant it’s going to - and that plant will be owned by a company.
They started the process, but, either at the end of December or early January, the customer changed the delivery location to a new plant, so a new TFS process started . Therefore, the TFS for destination number 2 will be close - maybe 1-3 weeks, it’s not set in stone how long the permit takes. However, the get the permit for the plant which will be much more arduous than a shipping permit. You don’t apply for a TFS license to allow you to ship anywhere - it’s a license per location. I beleive the rules may even be a bit more complicated than that, but for simple reference assume 1 deliver location per TFS.
So, the important take-away from this is that the customer will be a large company, as they have more than one black-mass refining facility. These cost upwards of £80m to build, so the customer will be a large name. We aren’t talking about a company with less than £1bln mcap here and probably much higher, so it will be a well-known industry name.
Drones
Trucks
Vapes - as has been mentioned.
Consumer electronic devices (wonder if that covers sex toys :-D )..
Power tools.
Hey FazDog.
I think you need to grow up. You talk about people attacking other posters, and then proceed to attack me (again) and Flypanam. Hypocrisy is not your strong point I guess.
AJS is nothing but a troll - not invested and only here since the attack job by TW on the company. He knows nothing yet makes general assumptions based on a CLN.
As for my investment and only being in TM1 - oh dear pal, way off on that I’m afraid. Yes, I do have a large holding here, am down about 1/3 on my average but that doesn’t bother me. I’m in this for the long-haul, and I agree that the SP gains will be more muted now this year and most people have scaled back their expectations of SP performance due do the current SP and the additional raise required.
Long-term projections are what I’m concerned about - and in 3/6 months time, post ROT and deals, and lead-acid ramping up, with LiBox sales and blac-mass sales, this will look a very different investment.
The problem is that many PI’s don’t research in depth, and yes I do know a lot about the company hence my feel ing chilled about it.
I suggest you filter me, as you’re sclearly still smarting from being kicked from the Telegram group (again to confirm, not by me). I think you need thicker skin if something like that has got you so worked up. As they say, time’s a great healer.
Which just proves what a weirdo you are.
Fancy expending time and effort on trying to trash a share (which you obviously no nothing about) instead of focussing on your own shares.
I’ll wait for your reply after you’ve gone back to TW and got your next set of instructions. This moron can’t even think for himself.,
Good article. Just shows the true scale of potential here.
Forget the minor delays - the HNW individual who invested in TM1 stated in Telegram that he has set-up many businesses and they always take longer than expected and there are unforeseen delays (I’m paraphrasing, but you get the point).
Yes, it’s easy to criticise TM1, but the large players are taking much longer than expected for their due diligence. However, once these deals are signed, then these relationships will be long-term as the customers won’t be bothered to go through another intensive process with another supplier unless TM1 screw up.
I’m optimitic that the next 3 months will be transformational and the naysayers will slip away quietly.
Also, the ipo price was 2.25p.
Anyway, the business is clearly derisked a lot now, as the lithium plant is operational, albeit taking more time than expected to ramp-up, but that’s been covered in the Roast interviews.
The lead acid plant will be nearing completion of commissioning and they are stating lithium plant 2 will be operational by end of 2024 or q1/2025.
You can either believe them or not.
I believe by end of q1 all this noise stops and the doubters will be proven wrong
The profit which they will generate will be huge. Your choice if you don’t trust them.
Even when explained ajs (who gives bjs to TW), can’t understand that warrants gives money to the company.
There’s thick, and then there’s TW sycophants.
Who are these lunatics that don’t understand that warrants being triggered gives money to the company and doesn’t just involve trading between existing shareholders/MM?
There’s dumb and then there’s TW followers - unable to formulate their own thoughts!
Yep, so many things happening right now - as they have stated, 18 verticals of batteries.
I feel sorry for Robin & Alex - must be so busy progressing all these different opportunities.
By mid-year, we’ll be in a very different position.
As much as the CLN news on Monday was not what I was expecting, after the Roast interview and the explanation I get it.
It’s great that they have a business plan (and that involves being paid Gate-Fees), and they are sticking to it.
If we assume that £2m gets drawn down over the next 3-4 months, and the £3m allows the auditors so sign-off the prospectus/accounts and confirm that RG1 is fully funded for 18 months (which is more than the 12 months minimum), then by end Mar the RTO will be complete (or, worst case in early April).
The various revenue streams they are building are amazing.
The LiBatt boxes - £9k each and can produce 25/week. Assume they o 20/week, that’s £9m revenue in them.
‘Flying engineers’ to help companies break EV battery packs.
Aiming for 2 shifts at lithium plant by H2/2024.
Aiming for 3 shifts be end of 2024 or Q1/2025.
Aiming for lithium plan 2 in Q1/2025.
Lead-acid plant - 50% throughput by June, 100% by Dec.
Progressing with black-mass refining investigation which massively increases future revenue/profits.
Various deals being progressed but are taking longer than anticipated due the large companies and their due diligence.
TFS being progressed to ship black-mass and unlock that revenue stream.
Short-term deal (by the sounds of it) to sell black-mass to company who already has TFS license.
Looking to add smaller vape line at Lithium plant during Q1 (discussed at AGM).
Patience here will be very much rewarded.
*knows not now’s
Well, the accusations by SN from telegram (VirtualPostam on here i think) have been proven to be 100% false.
There was an admin mistake.
There was no additional selling by Alex and he did not mislead the market.
Oh dear, egg on face time for some people.
Complete b*llocks.
My name is Keith and everyone now’s me from the telegram group.
Do you really think Robin would be interested in what a bunch of a**ewipes on LSE are posting.
Have you got telegram app installed (it’s an app like WhatsApp).?
If so, the copy the link in the Telegram thread and paste into Notes (for example).
Remove all of the spaces in the link (I can post actual link in full as LSE changes it to all *****).
Then, take that link with the spaces removed, and paste into a browser window. That should then take you to a page which allows you to join.
Alternatively:
Once you have telegram installed, there is a search bar. Type Technology into that search bar and you should get a list of groups. Then join from there.
If you still get no joy, post your email address and I’ll email you to help.
Jemgeee
Really not worth wasting your time on here loser. Most of the posters on here are also in our telegram group where we have decent discussion on all things TM1/RG1. There may well be short-term funding requirements whilst black-mass sales are being discussed and the lead-acid plant is in commissioning phase.
But, in reality, so what. The future for this business with gate-fees/black-mass and potential future black-mass refining is incredible. I’m projecting way over 50p now in the future, assuming the expansion happens and the volumes are there to process.
So, don’t waste your time - you’re just being laughed at.
Sorry for typos …
BGHanson
The RNS dated 19th Oct 2022 details the terms of the takeover. Yes, it will involve issuing more shares, 921m actually.
However, this is not dilution. They are acquiring the rest of recyclus (and after the deal completes the group name will be recyclus group).
Issuing new shares to fund operations is dilution. Issuing new shares to acquire an asset is not dilution. If anyone tells you it is, then they are (being blunt) a complete moron who should not be investing.
As for the loans which people bleat on about.
TM1 group needed short-term funds. The lender needed security, so Alex’s company took the loan facility out and made the shares the IT owned in TM1 the security. The funds will then be lent from Alex’s company to TM1 on compatible terms to the terms from the bank.
The rate is higher as it’s a loan facility (i.e. flexible and will only draw down what is required and can be paid back whenever within the 12 months period). It’s like having a credit card compared to a bank loan.
Again, this is not complicated for those who want to understand, but is easy to scare less sophisticated investors who don’t understand things
There appears to be a concerted attack on TM1 - maybe by sycophants of that a*swipe TW or Cleverly.
This company is going to have a great 2024/25 and the paid de-rampers like ajs won’t be around then.
No-one believes you, you fool.
You’ve been busted. Jog on MF.
And he thinks that 400k share trades are LARGE trades.
Wow, he’s moving with the big boys eh! Hey guys, £5k is BIG money lol