Member Info for ShareInvestment

Same from me, deal getting closer, a bit more waiting makes no difference.

A couple of months old but very informative https://youtu.be/WYx9MV6wRv4

If you are twitter users have a look at this Person who is extremely knowledgeable and has TGR as a long term hold https://twitter.com/mylesmcnulty/status/1601185579320094721?s=21

Very smart move and very clear in the video why this solution is the smartest and game changing for TM1

Usually not a great fan of CLNs but rather prefer to have enough capital available in tranches if and when needed at a small discount during our battery recycling grow strategy, rather than a massive equity dilution in one go now at a far greater discount in this market. Hopefully not long before the first license is granted.

Very clear video and deal explanation. Impressive asset.

Great interview. I’m sure that having had a visit by the environment agency to see the plant and being impressed by the site and manual process and noticing all the machines not switched on must have alerted the inspector to ‘bring our license request, to top of the pile as alluded by Robin. Hence the renewed optimism about an ok during Q1 2023 ie basically soon. Crazy how long the wait had to be, but all going in the right direction. Probably and hopefully we will be in the 2p price range soon and buying sub 2p will be a thing of the past.

GlenGarth we all know that this asset is going to take TGR into another category. Some investors here at 35p might have taken shares in the raise for a quick profit but clearly the likes of Miton have done it to reduce their overall purchase price before year end and to increase at this cheap price their long term institutional holder and will not flip shares. In my opinion we will not see 35p any time soon, but rather the opposite and rerate gradually.

Been invested since pre ipo and due to the size of my early holding I have reduced my stake since listing, but still have a significant position. Whilst it’s a shame that this raise was not concluded when we were trading at higher levels, I do think that this new asset is truly transformational for TGR and an achievement in a market where graphite is becoming very much in demand, like lithium and cobalt. In addition such asset will enable some debt financing which will be less dilutive.

Interview confirms that we have finally started to recycle and that this is just the start. Perfect! and very interesting times ahead. Suspect we will hear about offtake agreements soon as we are starting to sell and generate revenues.

Nothing to do with the company, they have resigned today from another I own ie ROQ and others. Regulations getting to onerous.

Nothing to do with the company, they have resigned today from another I own ie TM1 and others. Regulations getting to onerous.

Great start, well done. Clearly more news expected on off take agreements, licenses, Recyclus deal. Re-rate has just started in my opinion.

The positive for me is that a deal with even little production and some upside funded in a smart fashion could be very lucrative and game changing for Beacon as we are at an incredibly low market cap. Enough from me and time to wait a bit more.

Yes but not long ie not a classic extension to 31.12 or further, which looks very indicative to me that we are at the final stages of closing the deal. Time will tell.

Nice to see a formal RNS. Next few months should be fun.

Just read the AGM notice and here is the CFO comment, progress made in the deal and due to FCA delay expected to be finalized probably in January or in any case early 2023. See full commentary below:
‘Acquisition of Recyclus Group Limited – Report from James Cable, Chief Financial Officer
On 19 October 2022 we announced that the Company had signed binding heads of terms to acquire the remaining issued share capital of Recyclus Group Limited for new shares in the Company. The Company currently holds 48.35% of the issued share capital of Recyclus. The announcement sets out in detail the rationales for the proposed acquisition which have not changed.
Robin Brundle, Executive Chairman, and Alexander Stanbury, Chief Executive Officer, each hold shares in Recyclus and Lester Kemp, Chief Operating Officer holds share options in Recyclus; therefore, the Proposed Transaction is a related party transaction under Disclosure and Transparency Rule 7 ('RTP'). As stated in the announcement of 19 October, the Board established procedures to ensure that the proposed transaction is approved by independent board members.
The directors of the Company, other than Robin Brundle, Alexander Stanbury and Lester Kemp (the "Independent Directors") have approved the Proposed Transaction and have appointed a committee comprising three Independent Directors to oversee the Proposed Transaction.
The proposed acquisition is subject to completion of due diligence, documentation and compliance with all regulatory requirements and approval by the Company’s shareholders in General Meeting.
The Independent Directors hoped to be in a position to ask shareholders to approve the transaction at the Annual General Meeting, but this has not been possible as we await a final ruling from the FCA as to the required contents of a circular to be sent to shareholders to seek their approval for the Transaction.
However, I am pleased to report that the legal due diligence on Recyclus has now been completed and we expect the terms of the proposed share purchase agreement to be agreed shortly.
When the circular to shareholders has been considered and approved by the Independent Directors we intend to publish the circular and convene a general meeting of shareholders to consider the proposed transaction, and if the transaction is approved, to authorise the Board to issue sufficient new shares in the Company to acquire the remaining shares in Recyclus. We hope to hold the general meeting early in 2023‘

RNS out re AGM and Recyclus deal. December will see this re rate in my opinion on the back of that deal, let’s wait and see. Dyor https://www.investegate.co.uk/technology-minerals/rns/notice-of-agm/202211251722096890H/

Great to see a new NED appointed.

I had another look at the RNS and it's pretty smart all around, never seen such a way of funding the business. One of the smart aspects is also that they got rid off options at much lower prices which investors never like when a share price is rising and in the process funded the company. PL has a very clear plan all around and that is pretty impressive these days.