RE: Strong week coming1 Aug 2023 14:39
We all are mate. Andy O summed things up brilliantly. This is still a start-up company. Few people have heard of them. The lack of apparent connection between the names TM1 and Recyclus needs to be sorted in my opinion. Just rename the whole company R. TM1 is wishy-washy and doesn't conjure up a defining image whilst Recyclus does. Commisioning phase is on-going but that will come to an end. Money will then soon be made and that will hopefully increase. HALO boxes should be sold. Iron batteries will see a 30% return we hope. The mining side of things is a bit niche for me however has vast potential but will always be a slow burner.
I have been having doubts about my investment strategy this week. Seeing the sp go red day after day is disheartening. If the stress is too much then reduce or sell all as investments are not worth losing sleep over. As a family we have well over £100k invested with 7.5mill shares. Absolute madness however we have other shares too which are part-speculative and part-income. Only invest what you can afford to lose. However I also get hugely excited when I think of the potential of TM1 once they sort themselves out and are producing. Get the Recyclus 100% ownership problem done as that should be a big driver. Full automation from both factories and then look towards opening another two in a different part of the country.
I make it sound so simple, and I believe it is. Remember what I said about only investing what you can afford to lose and not lose sleep at night. Recycling old batteries, especially lithium. It's a no-brainer to me. Where else are they going to go? But also DYOR and be comfortable with your investments. Invest in things which actually interest you as I find that helps me. Think ahead 6 - 12 months and if we are still at this share price then I will be most surprised. Take care.