Member Info for SeagullsFan

I’ve kept away from LSE for a long time due to the toxic nature of the discussions (god, it is really pathetic some of the postings in here).

Anyway, this looks like good news. Getting debt based funding will allow plant improvements (I’m aware that they have wanted to do this for some time).

Assuming that allows more throughput and better quality Black Mass yield, that will feed through to the bottom line of recyclus.

The issue for TM1 is still the debt, but with the CRML shares and the hoped for DoD funding, if that happens and recyclus starts to make profits, then there could be some decent progress here.

It’s been a very painful time for us long-term holders who are down a huge amount, but they have finally made some decent progress this year it appears.

Now Glencore, Halfords and a motor OEM are working with TM1/Recyclus, but some morons still can’t understand that TM1 are still not break-even, so CCL sold shares to loan that back to the company to help fund the reducing monthly loss. Break-even is close.

Yes, it’s not ideal, but they can’t raise funds, can’t draw down from Atlas anymore I assume, so this bides them over to make up the shortfall in turnover until CRML shares can start to be sold from beginning of March.

It’s clear progress, unless you’re an idiot of course.

No, but it will be a household name.

From what I’ve been told, OEMs don’ t like to have their name used by smaller companies for contacts, but it reads like a big name IMO.

Well, this is very good news.

No matter what the derampers want to say (and let’s be honest here, TM1/Recyclus have failed on so much historically so it’s been an easy target, and criticism has been very justified), the more recent news flow with Glencore, Halfords and now a major car company shows that things are finally progressing.

Can’t see this going up.

What would be the logic o buying - apart from a trader who would then start posting about it going up to ramp it?

As 404x said - there is no clarity on the future here. If you’re happy to take a longer term view and wait in hope that they eventually come back to the market, then that’s the punt.

Good news. Maybe there is something to the rumours of funding activity in the background.

“Wouldn’t want to be out of this over the weekend” (well, they always say that don’t they haha).

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.