RE: TM1 interview13 Apr 2025 16:20
Maidit, we do NOT have $10M tied up in CRML shares. That was the original figure quoted when deal was agreed a couple of years back. We own 861K shares and they will be worth what they are sold for that day. There is also a question over CGT, so watch this space. Yes, Recyclus owe us £8M and in turn they have loaned LiBatt millions too (so our money). Personally I found the interview positive and talking of their Spanish licences was interesting and useful however what will ultimately happen with them remains to be seen. Recyclus now appear to be making positive moves towards profitability but how much of that will find its way back to us TM1 shareholders remains unknown. Some days I am gravely pessimistic and others I can see a wee light at the end of a bloody long tunnel. I was very close to selling half my shares last week (several million) but at 0.08p each I stopped myself. Our future, in my opinion, lies completely with that of Recyclus and a future amalgamation of all the businesses into a single listed company. If we can "keep the lights on" for rest of this year at TM1 then we could be looking at a reasonably bright future but, as is always the case with TM1, watch this space!