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Baggy, Olorosso sherry casks are probably the most popular / common when it comes to this. Your Filey Bay will never be worth a great deal of money as it will never compete against the Scotches of this world and it is all about desirability and the brand name. I was always told "buy the best you can as it's all about the name". There have been many new distilleries cropping up all over the UK. There will always be a demand for the stuff however there's whisky to drink and then there's investment-grade whisky. I used to own around 65 bottles of Glenugie but they have all gone now via the various whisky auction sites. I still have a couple of bottles left as it was the nearest one to me up in Aberdeenshire so it's a local thing. Regarding the sherry taste, the longer you leave it in that cask then the stronger the taste will be and personally I love a sherry-infused whisky. There was a huge increase in interest regarding cask ownership a couple of years back and I'm sure there were a few scams on the go, so be careful and only approach reputable dealers / brokers. I also purchased another £350 HZM shares today!
I'll better that....I own a Glenrothes butt which contains around 600 bottles. Owners of Macallan also own Glenrothes. I paid £6k for it 2 years ago and now worth £15k. Distilled in 2016 and I believe it is also a sherry butt. Guaranteed to increase in value year on year unless it springs a leak but it is insured. I also own a 2012 Glengarioch cask (approx 250 bottles). Cost £4k and now worth £10k. Will sell both in 10 years time or thereabouts. Any offers???? I do enjoy a wee dram.
Completely agree Andy. Patience only lasts so long.
Chat about TM1 at approx 55mins. Nothing we already didn't know about and just going over old ground however still a couple minutes chat. Interesting that they state "over the next couple of years" when speaking about timeframes and possible share price though. How many investors will wait that long?
Hmm, another one. I thought Mr Stanbury said the last one (£500k) would take us through to the end commissioning phase etc and there would be no more capital needed. Better people than me will know if this is prudent or not I suppose.
500k purchase this morning. Good to see positivity carry on from yesterday.
Thanks mate, I agree.
It was the "under the cover of the women's World Cup" post where I saw it this morning.
Seaton, thanks. I did read an article identical to this on another post or group and that is why I asked the question. This is first I have read about a potential takeover so is it exclusive news? I cannot remember anyone false providing explicit details about it. Again hence why I asked question. What are your thoughts?
No I haven't. Can you please show me as I don't want to sound like a sausage.
Does anyone else think this takeover actually concerns Savannah Energy and not SAV .L??
Theories are all very well such as "it's time in the market not timing the market". Long term or short term. Who cares? It's a personal decision. If you make a profit that you are happy with and want to sell then let no-one else dissuade you. If you sell too early and price keeps going up then you have jumped the gun however as long as you are happy with your profit level then that is good. We all have different needs and investment strategies. If I lose everything on the markets then I can still live reasonably well with a roof over my family's head and I have built up 36 years worth of pensions working for RAF and HMPS. 5ish years til retirement. The state pension will purely be extra beer tokens when I reach age of 67 but will pay for a lot of beer!
Fazdog, "grow up a little" and "devalue me"? I'm doing nothing of the sort pal. I don't know who you are and that's fine. Sounds as though you are far wealthier than I am so that's fine too. I have absolutely nothing personal against you. Honest. However you're now appearing to have a go at me, so guess what? Kissmaswingers as we say in Aberdeenshire. This LSE group is the poor relation to Telegram. Please stick to your word and don't comment on your victimisation anymore as you have the rest of your portfolio to concentrate on. It's getting boring now.
There are / were 2 different Telegram groups for TM1. Sure you're talking about the main one with 250 members? No-one knows why you were allegedly departed the group.
mafioso, if the 100% takeover of recyclus is indeed the reason for today's drop then ultimately that will be a positive as all of the recycling cash will count and not just 48%. aye, there will be another 921mill shares in existence but we know that's coming anyway. 18% is a helluva drop in a day and tbh i canna be ****d thinking about it. monday is start of a new week and it canna be as bad as this.
Telegram group is more informative and a better quality chatroom than LSE. There are many members such as myself who are active on both. Criticise it if you like, that's your opinion and your entitlement. I know which group I'd choose if I had to choose just the one.
I bought in this morning at 5.5p. Purchased £5k worth for my ISA. Here's to good times ahead.
I just downloaded the telegram app and then went looking for TM1. An individual named Joshua sent me the link and boom! I was in. I couldn't work out what i had to miss out on the below-mentioned details, far too complicated for me!
I think drip feed in when you can is a decent move rather than trying to time the market. Plus if you have a moderate lump sum available to invest immediately (on sudden drop in sp) is a good back-up plan. Remember the old saying..."it's time in the market and not timing the market".
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.