Member Info for Tallchad64

The EU now estimates that global demand by 2050 will be 60 times the current lithium supply.

This is inaccurate and a schoolboy error - it is an EU statistic, not a global statistic.....see the below link top of pg 3.

https://www.europarl.europa.eu/RegData/etudes/BRIE/2021/689337/EPRS_BRI(2021)689337_EN.pdf

Yep, take a chill pill. The probability/certainty of outcome is what matters, the timeline will be the timeline que sera

What does this mean? Big order looking to be filled? Is it clear if its a buy or a sell?

In the UK, 150kW charge points delivering 100-mile range in 10-15 minutes are expected soon. A scheme in Australia has introduced 350kW chargers between Melbourne and Sydney, delivering 250 miles of range in 15 minutes or 125 miles in eight. And in Ireland, 51 hubs charging up to eight vehicles simultaneously - and providing a 60 miles of range in just six minutes - are being installed on major roads. https://360.here.com/whats-the-fastest-an-ev-can-be-charged

Just look at the adverts on the telly. Advances in battery technology improving range and charging times shortening to the time it takes to drink a cup of coffee.

I still come back to a couple of 'situations' or call them facts, or call them tea leaves if you like.
a) an oversubscribed placing with someone (presumably missed out) investing £250k on Thursday at about 0.16p I think it was
b) the substantial rise last week ahead of the placing with no speeding ticket
I think the paperwork is on its way

Amazing all these people that don't like SYME, want to keep knocking them, have the time to spend on this board. If you're not interested in this company why bother. Either sad lives with nothing better to do, or actually looking to drop the price for a cheaper entry.

It will be a share deal silly, hopefully structures with at least some warrants to maximise upside incentive.

Deal is done in terms of negotiation, subject to due diligence etc, otherwise why announce it. You wouldn't announce it if there were substantive points still to be agreed now would you? You silly sausage you

BTW the deal has been done, terms have been agreed, probably subject to SYME completing its due diligence on tradeflow, otherwise they wouldn't have announced it

I hope it isnt a cash acquisition. The tradeflow team need to have serious skin in the game going forward. Some cash fine, but majority needs to be structured as either shares or warrants

I hope it is at least in substantial part shares. To show interests aligned, and that the folks from tradeflow rate the opportunity. Interesting though that this is billed as an acquistion rather than a merger.

Tradeflow also have a fund structure in place which is another string to the bow and maybe another reason for acquiring them. From their website

The unique solution are the TradeFlow Funds, (1) CEMP – USD Trade Flow Fund SP (Live from May 2018) and (2) the CEMP – EURO Trade Flow Fund SP (Launched February 2020) which take a neutral principal position and direct ownership of the commodities during shipment or during a pre-agreed storage period. The USD Fund launched in April 2018 after two years of research and development work on the business model, a digitised technology platform to allow the Fund strategy to be scalable and the legal framework master agreements to connect everything together.

Indeed, Bernie knows why the price has risen, and is probably a bit peeved that someone has leaked, but can't yet put out an RNS on the news until the paperwork is through. Hard to see a different scenario

Spot on MarkyMark. No issues of obsolescence either, and valuation of inventory can be marked to market, and if necessary there are options and other derivatives etc available as insurance to cover any price declines that can be built into the pricing. Its definitely the way to go and potential for massive market application. I can see this being a fascinating new tool in trade financing as well as for mining companies that hold inventory and need cash to finance operations

Moneymaker, what do you mean the market cap 'its almost the same as the anticipated first year's revenue'? More like one month worth of the first year's anticipated revenue isnt it? Which would make the upside here truly mind boggling!

Angus, 1p in January isnt relevant to the option as it will have expired. AZ has already forked out 0.17p per share to buy this option.

Expect the RNS to come this morning, the £1.1m option expires and it needs to be in the money. It isn't at the moment and AZ stands to lose the £1.1m

pshah, if we don't get the RNS as the market approaches 12.30 close tomorrow, I would expect the price to start to drop pretty substantially. I dont think AZ will leave it to the last minute, its all about the timing

Reckon it will be late this afternoon. maybe just before, or just after the bell.