Member Info for SeagullsFan

@Horult

That’s exactly right. Typical ’knee-jerk’ reaction from PI’s with limited understanding of what is involved. It makes me laugh at the level of posts on most boards.
Then you get those who have invested a few hundred pounds and demand to be kept informed of every detail of the companys plans. Jeez, it’s so tiring.

This is a long-term investment and the business plan is sound. Patience will be rewarded.

@Grezzz

I assume it’s because they have a sad pathetic life really. Maybe they think it makes them look clever, but if they were so clever they wouldn’t have abused the people who de-risked as being idiots.
Like you I took a shafting here, but that was my decision. I’ve held my shares but have written them off. Any deal will be a bonus.

I’ve a large holding here too and am content to play the long game here.
Once the issues with the new plants get resolved (I’m guessing that there are teething issues, but I could be wrong), then this will kick on from here.
In a years time we’ll be sitting on decent gains IMO.

Good to have you onboard.
I can’t see any downside to the current share price so if you’re holding off on buying more expecting a drop I think you’ll be disappointed. Just my opinion of course.

My "generating decent revenues" comes from the IPO marketing materials, which is the basis on which I am heavily invested.
Year 1 : £9.6m T/O (Recyclus)
Year 2: £28.5m T/O
Year 3: £54.8m T/O

If you don't believe the potential of the company then I fail to see why someone would invest. The fact that there may be teething issues getting new plants on-line is background noise to me. In a few months time, that will be irrelevant.

The projections are also based on lower 'black mass' values, which have risen since the IPO prospectus was produced.
The projections also don't cover any potential Tier-1 car manufacturers nor international licensing agreements they may sign.
Another consideration is that the company eventually wants to process the black-mass itself and generate more value. The upside once these things fall into place is huge.

They also have the 5 mining options which, each on their own, have the capacity to be company makers. There is no need for any fund-raising, as the future plants will be funded from the revenue generated from the first plants. Yes, there are warrants (I am a warrant holder) and these will, when combined with the revenues; cover the costs of the plants and all/most of the mining exploration costs.

So, IMO, the company is still very cheap and has the potential for some very healthy gains over the next 12-18 months - a few weeks of delays are not concerning and I am looking forward to some healthy returns on my investment. IMO, too many PI's expect 'jam today', but in reality, building a company/business takes time and sometimes the market (i.e. investors) don't always understand. Again, IMO, markets (investors) are not intelligent and often demonstrate a herd mentality.

I am a patient investor and do not chase short-term gains. I realise that others have alternative strategies.

Hey @ITV.

I'm like that bad penny pal - you can't get rid of me :). Thanks for asking about me - I'm all good. Took a kicking on ADV earlier this year and have been busy with work last few months. Still holding most of my shares but offloaded some to invest in a Pre-IPO which should be coming to market mid/ate April hopefully.

Glad to see you have the same opinion of muscles as I do. He's a complete mucking foron in my opinion. He's either just on a full-time wind-up or he has serious issues and needs help.

Looks like the next few weeks will be crunch time - either they source that rig or we're delayed until 2023, and the SP will drop again for about 12 months I guess. Luckily, that doesn't impact the geology, so I'll just wait patiently until something happens.

Hope you're in a good place at the moment and keeping @Dai entertained :).

Trading up on the day now.
Hopefully the start of a recovery back towards 4p range, before pushing on from there.

Well that didn’t happen. A few trades in the 2.75p range, but it’s stayed about the same level as before.

My take is there may be a few teething issues getting the 2nd plant finished. Purely a guess and it doesn’t concern me. Once the plants are both up and running we’ll be generating decent revenues and 3p will be viewed as being a bargain.

I’m invested for the long-term here - not short-term trading.

The article is out of date, even though it was just published.
They are talking about them coming to the market and Pre-IPO.

Poorly researched IMO.

https:// t.me /+kYMLhK1yrKwxZjE0

Remove the spaces.

@beardozer

Sorry, I meant that my opinion is different to yours on incentivisation. But yes, we both want success here.

@Dai
All good thanks. I keep popping by on HE1 to keep an eye on things there. I see our mate ITV is still on-form. I’ll be joining in again on there once activity picks up a bit. If the rig gets sorted it could be an exciting year for sure.
Hope all good with you too.

Yes my portfolio is balanced and I have other investments which are doing okay.

I view the incentivisation as a way to pay him at a decent salary but preserving the current limited cash within the company. That to me seems eminently sensible, so I wouldn’t take it as a incentivisation to do the job, I would say it’s a way of company of paying him a CEO salary when the company actually has very little funds.

Also as the warrants are at 0.3p, he will need to get the share price to at least double its current level to be worthwhile triggering the wallants.To get the share price to double from its current level they would have had to close at least one deal, which would then be the start of the company implementing its long-term strategy.

I realise this is all just different opinions.

I never get it.
I'm heavily down here, but I want sentiment to improve and more people to come back into this.
We got an RNS which indicates that they are still working on things, and have incentivised the CEO as they can't afford to pay a large wage (that's my assumption). However, some people just want to ***** and moan.

Now, I ignore Muscles12 - he's either a complete ret&rd or has an agenda, but other than that, it seems very strange. The only way I will recover some of my losses is if the board can get something over the line and gradually get some better sentiment.

Also, in case some people struggle with basic maths, the RISC COS was 95%. Yep, it was not 100%. So, we got the 5% - cr&p happens so don't go ****ging people/the company off because you took the chance. Deal with it and grow up.

BTW, I lost a 6 figure sum here as I have many millions of shares.

Hope you’re right Steve.
The last interview with the new CEO indicated at least one deal before the end of the year. I don’t think this will happen in a few weeks but I’ll be happy to be wrong.

I take this is good news.
It shows that they are still looking at moving this forward.

Once we get through the current market turmoil, I very much expect this to be challenging the recent highs again

Someone mentions a clown and guess who turns up!

I'm hopeful for a steady stream of good news here. Current low SP is based on general market sentiment IMO, and once we start to realise revenues from production that will change the perception, and any concerns about funds will be irrelevant.

SP will be circa 8-10p year-end. And then next year it will keep moving higher as additional plants get commissioned.

https:// t.me /joinchat/OmdYZlLYDHj61uPkpXsJJA

Remove spaces in the link

It’s astounding how ill-informed some ’investors’ are.
This will not hit 2p, but you keep posting your garbage and miss out when this starts to rise again when the news comes through.

I am a large holder of warrants (many millions of them actually), but I have no intention of selling them at anywhere near this price. This will be much higher soon.