Member Info for SeagullsFan

Agreed. I can see good revenue from these, which is not factored into any calculations of the company valuation.
If you combine the :
Lead-acid recycling.
Lithium-imo recycling.
Mining assets.
Battery boxes.
you get to a nice business, in a growing industry, with first-mover advantage.
Mcap is seriously undervalued here for the growth coming. Yes, there’s been delays due to the permits, but in reality, the few months delay which they’ve had due to the Environment Agency is not material in the long-term picture.

6 months time and this will be much higher IMO.

Beware posters on here who just **** off based on knowing the grand total of SFA.

No-one is saying it’s going to be a meteoric rise from here, but I’m willing to give them a chance. I’ve not taken part on this fund raise, but am willing to let my investment here run for a few years now. Nothing more to lose as I’ve taken a very substantial hit here and I’ve written that off.

But people who post as though they KNOW what’s happening an d giving advice I find are the ones with their own agenda and are full of cr.p.

No surprise there’s a raise, but it shows they are still aiming at progressing things.
IMO, this won’t be a quick turnaround, but I’ll hang around for the next few years and see where things go.
At least the directors have invested some of their own money into the raise to show they are taking risks alongside existing holders.

I assume that there will have been a presentation to the investors which will show them their plans - hopefully, we’ll get some PR from the company soon laying out their plans for the rest of 2022.

@ShareInvestment

Still very optimistic for a re-rate of TM1 during the later part of this year.
General market conditions have been poor and the delays for permits/production won’t have helped sentiment - makes them an easy target for the derampers.

My expectations have not changed here and I can see 8p by end of year, once the production starts and news of any other agreements happens.
This business is going to grow very fast over the next 2 years - people will be kicking themselves for selling at such low prices.

Hi DBD. Good to see hear from you again. Hope all is well.

I hear what you're saying, but I see the current drift in the SP as a combination of :
1 . the initial delays in getting the permits sorted and hence getting into production.
2. the uncertainty caused by the FD starting and then leaving within 2 weeks (from what I've been told, he was not a good fit).
3. the general market conditions and small-caps are being hit quite hard.

Inflation/interest rate rises/supply chain issues/Ukraine are all causing a number of people to reduce exposure and go to cash. I can see the appeal of that. but timing stuff is so tricky. Don't want to be out when the market turns as things can turn quickly.

However, this is now very undervalued IMO. The 2nd half of 2022 will be good for news flow :-
Plants 3/4 being started (in terms of progressing, not getting built yet).
Further activity on the mines hopefully.
An additional 20% from the Blackbird mine - assuming that option is taken up.
Production from both the Lead-Acid and Lithium plants in Q3.
Hopefully some deals will get announced with one or more big company for batter recycling.

I still have great hopes of 8-10p y/e SP, but I always am the optimist :-)

@Ohmetoe

They had a great start after the IPO, but then there were delays getting the environment agency permits granted. The main permits for both plants have come through and this will allow progress to get the sub-permits sorted. Too many PI's have a short-term investment mind-set and/or get bored/spooked easily, hence some of the selling (or profit taking) when after the SP hit 5p and those delays.

Production will be coming on-board for both plants in August (I feel), and there are meant to be on-going negotiations with well known (household names) to process their lithium-ion batteries.
They are planning 2 sites per year up to 12 UK sites in total (6 of each type), but their processing technology IP will allow them to roll-out reprocessing facilities for other companies on their own sites, for example, giga-factories, so that they can recycle on-site. I expect this plan to be accelerated as the demand is there for the recycling but not the capacity.

They also have the mining assets and have just sold a 10% stake in one mine (USA) for £900k, implying a value of £9M for that one asset. There are also other companies looking at some of their other mining assets to buy into/JV. News should be coming on these later this year I hope.

The potential for this company over 12/24/36 months is huge, and being able to buy in at 2.5p still is incredible.

Like @ShareInvestment I'm very heavily invested here and am in for a few years, so I'm not concerned about the short-term fluctuations based on bad market conditions.

In my opinion it was clear that if they failed at B10 then the company was screwed.
That didn’t need explaining to me as it was clear but I took the risk.

I don’t get this “take them for a ride” view.
We all read the RISC report with a chance of success 95% ,but when they drilled the oil wasn’t there - how does it make that their fault
I find this wanting to blame somebody as though it’s their fault absolutely ludicrous.

I lost a lot of money here but I accept it’s one of those things but trying to make out somebody has deceived us is just wrong

The *** is needs to be ****

https:// t. me /wsbnwishbonegold

Remove all spaces.LSE is pathetic hiding links

https:// **** /wsbnwishbonegold

Remove the spaces .

Just listened to this.

Robin does come across well and the way he portrays the story is very exciting. The next 1-2 years for TM1 will be exciting.
The upside to the company is huge - 30/40p per share easily achievable IMO.

@DBD
I’ll drop you an email later this eve.
Cheers

Hi BlaimThrower.
Having contrarian voices is useful. I admit that I am very bullish about TM1 and I have chosen to ignore what I feel are teething issues,
I’ve heard that the FD who didn’t stay long wasn’t a good fit - the words used were “a bit of a d*ck”. The EA approvals look like being sorted soon, so production should be going well within a few months.
I have no issue with you posting (not that you need my permission lol).
We should only invest if we feel it’s right for us.

SGF

Another good RNS-this should see further SP gains IMO.

I wonder if those who sold out will be looking to get back in after seeing that their concerns were unfounded.

With more good news to come IMO, this will be pushing forward from these levels over the next few months.

If I sell out of something, I don’t hang around posting on that board. I genuinely don’t see the point.
Those who sold out recently will be regretting their decision soon I expect.
The news for the EA licenses should be close, plus whatever other news is in the pipeline.

Once revenues start to come through, it will push this up quite quickly.

Don’t wait too long to buy in (or buy back in lol).

@BlaimThrower

The current MCAP is £42m. They have just sold a 10% stake in ONE of their mining assets for £900k, with a further 20% option of £1.8m to be exercised within 6 months. That means that this one mining asset is £9m out of a MCAP of £42m.

The main business here is the recycling, and the Environmental Agency permits will be issued, it's just delays IMO. I would hope that these would be reasonably close by now.

I do not see any indication of this being a life-style company. Far from it. Yes, there have been delays with the permits, but government departments/quangos aren't exactly known for their speed and efficiency are they!!!

I still stick to my Y/E target of 8-10p and am very optimistic that this will grow faster than the initial projections of 2 plants per year. Once the plants get producing and generating revenue, this will (I hope) fund an accelerated expansion - and that doesn't factor in any potential new agreements.

Messed up last post.
I meant something like - all those who sold out will be disappointed.(Something went wrong with auto-correct and I didn’t notice)

All those people who are sceptical of the company and sold out will be getting.
I’m very optimistic news flow over the next couple of months and a re-rate of the share price

Nice rise today. Start of the recovery before pushing on to higher highs soon I feel.

Ended up higher on the week. Just goes to prove that patience is a very good policy.

Looks like the nervous holders have moved on and the cheap shares have been bought up.

I can only see lots of upside here and I wouldn’t be surprised to see good news coming through over the next few weeks.

Shame I had no spare funds to top-up here, but I already have a large holding.

I can see this pushing towards 8/10p at year-end.