The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Very smart move, having production which will last for years and is set to double at least is a great strategy to become a full cycle producer and explorer.
Actually pretty impressed by these appointments. Their knowledge and connections will be significant to Recyclus and in turn TM1. Just immagine how many batteries the Jaguar, Land Rover and say Vertu motors must have to recycle.
Another one just appeared. These are usually larger orders which have been worked on for a day or longer and reported once completed. When you sell that amount of shares with little buying it does drag the price down massively and conversely there should be a decent bounce once they stop. Probably done, next week will tell and I’ll buy more if we stay around these levels but as mentioned before I suspect we will move upwards. Enough from me.
Listened to below interview, done some research and as a result picked 50,000 shs up today at 43p. Now time to wait patiently. DYOR
https://audioboom.com/posts/8325569-holidays-prices-rise-mortgage-rate-rises-uk-lithium-hub-plus-vadim-alexandre-on-a-medtech-ai-mi
Looks to me that the 4 mio share sale at 1.72 could have been the cause of this correction. I remain of the idea that next week we’ll move upwards again as a combination of seller out ie pullback complete and news, but nobody knows, a bit more patience needed. Enjoy the weekend!
Same here ie been here since pre ipo and probably frustrated as everyone else on how long it took for the recycling license but that’s now in the bag, we have got finances and those two aspects were critical and game changing. Dyor
Just topped up, too cheap in my view with news imminent DYOR
I personally think that we must be very close to machines on otherwise we would have seen the various tweets etc, probably a buying opportunity at these levels. Time will tell, but what we know for sure is that we are funded and very close to good info, as simple as that DYOR
Hopefully next week should see the start of the plant and the re-rate will begin and I suspect that once the plant is on we will see some further related RNSs from the company short term. Let's wait and see and enjoy the weekend first.
Great News and smart changes on the board.
Impressive RNS.
Could be due to the latest very interesting interview which provides an idea of possible market cap valuations at certain revenue parameters https://twitter.com/Acuity_RM/status/1668972479203745794
Just picked up 90,000 at 5.44, think many are now aware of Altona. Was trading at 7p on Aquis and MCAP post 5p raise was around £3.9mio therefore significant upside if you are patient. Align in their Feb 2023 research had a speculative buy target of 33.7p, time will tell. DYOR
Took a few, looks interesting at this level. Let's see and DYOR
Great RNS. All progressing. Have purchased more at 2.05-2.10. Time to continue to wait patiently DYOR
ACRM here we come, start of a new journey
Couldn't agree more. Will be very interesting when the first new contracts land. Time to sit back and accumulate for long term upside if not done so already DYOR
Agreed, tight register and small float. I have also a large 2.5-3% position which I have built up from the last placing, most of which I will keep medium/long term as the upside potential is significant. I will always take a little profit off the table on the way upwards, but overall it's now time to accumulate as the journey is just beginning and sit back and wait patiently for new contracts to be announced over the next weeks and months. Remember that Angus Forrest in one of his recent interviews mention that their 2-3 year objective is to reach a £10mio pa revenue which on a minimum x6 factor would derive a £60mio valuation ie around 50p. Clearly they need to deliver but the strategy is simple, clear and achievable. DYOR
Tweet from today is pretty clear on their intention.
'EA permit allows daily storage limit of c.100 tonnes and to process up to 22,000 tonnes of Li-ion batteries per annum.
8,300 tonnes will be processed in the first year, utilising a single shift pattern of labour during the standard working week.'
Bought a few more this morning as I think that we will see another leg up as we all know that the Lithium recycling plant will very soon start operation and more importantly revenue generation, in addition we are now funded which is a massive plus in this market. DYOR