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Totally agree, watershed moment.

Wonder if the second load will be more than 100 tonnes, or if some of the UK customers alluded to will start offtake agreements, no TFS needed there!

We will see come summer Buried Treasure, I've got time, plenty of time.

A few more loads of black mass and our new customer to be announced, we are already dealing with them and getting the feedstock BTW, will change the subject back to positivity. Shame the discourse here has degenerated again... Was a good board for a while.

Time in the market, not timing the market. Combined with a high appetite for risk.

As I've said repeatedly, I have a very low average and will see this through to what ever end.

But I suspect my patience will be rewarded. Each month another few milestones reached, and arguments against reduced.

4kandles is just another TW subscriber, but unlike others that like to try and play Sheriff, he can't ever present an intelligent argument, so instead just name calls and mimics his better read peers tag line "you have been warned".....

Anyway, things are certainly looking better now, as news further discredits the bears here. I look forward to summer, by which time I think they will have all given up, moved on or bought in 😂

Sorry, their agm is in March!

Recent raise of 250k, half payment for first 100 tonne load, the rest next week. Yesterday it was confirmed gate fees are being paid at £2000 a tonne. Also, new large customer onboard, yet to be announced. Will be announced early April after the agm in March....

Speculation pointing toward Ocado, they have an enormous fleet of robots batteries to recycle.... And their Agm is in April.

The debt is still an issue, but revenue is now ramping up.

Thanks MamaC, a lot of pertinent questions answered there.

Put to bed the ridiculous accusations from our resident broken record, WKW, so next week the first 100 tonne load goes to Glencore, and as I have been saying repeatedly, it is an ongoing contract and we will be selling to them every month....

Regular, meaningful revenue, finally!

Heard some really positive stuff from attendees. Will leave it to them to break the news.

It's now on the OTC market.... Won't affect the Glencore deal...

Looking again, this was reported 14/02, info only just updated on Fintel.

Crml short interest now doubled, 4% of free float, 726,000 shares, 2 days to cover. Although the free float should get larger today with the scrip unlocking.

I think he's probably been brought on board for his contacts in the US considering the interest in rare earth materials at present.

And yes, scrip unlocks tomorrow. That doesn't necessarily mean everyone is going to look to dump the lot... I think the currently suppressed SP may even serve as a discourgement.

We will see!

They've appointed a heavy hitter to the board today with strong ties to the US. Market seems to like it.

Wkw, you promised a live update service.... Where is it? 😂

Upon re-visiting the end or year accounts, I need to correct myself, and others.

I thought that one of our outstanding CLNs was due for repayment in March. When in fact, it is not, and I have been reminded that all of the outstanding CLNs creditors have agreed to repayment schedules.

See below excerpt:.

"The bond facility outstanding as at 30 June 2023 was for £1.7m which was accounted for as a financial liability with a related embedded derivative being the fair value of the convertible feature. The host contract is measured at amortised cost and the derivative at fair value through equity.

Interest accrues on this bond at 12% compounding annually. The bond can be converted at any time by the holder at 3.5 pence per share. The repayment date of this bond is 27 March 2025. Post year end, a revised repayment schedule has been agreed with the lender to repay the amount due plus accrued interest in monthly instalments."

So whilst things are not good, they are improving with news of revenue now genuinely being imminent with the Glencore TFS , and with the crml shares in hand from Friday, despite the decline, I expect they will recover value before me need to sell any.

Still a long road ahead, but hanging in there.

I'm suggesting the CRML raise, likely caught Batman and Robin with their pants down, and may have forced them to adopt some methods learned from Atlas to ensure they could raise enough from CRML ahead of March. Far from ideal, but would have been better to sell at $5-4-3 dollars if those where the highest the prices are likely to go post raise and pre-news when funds for creditors are needed imminently.

F

Haha, shorting is never a good thing, unless my unlikely theory that it could actually be TM1 using it as a mechanism to forward sell, as we previously discussed....

Either way, the more likely scenario is retail investors taking advantage of the recent raise, that didn't go down too well, it's only 2% of the free float being shorted, looking at the off exchange short volume most of it is being sold down outside of the normal market.

I expect they will cover when news crops up at crml, could easily get squeezed.

It's being shorted... Nobody is surprised by this except you WKW....

Thanks David, didn't realise Li-cycle had a facility in Madgeburg, I concur considering the relationship between Glencore and Li-cycle, and knowing our BM is headed to Germany, that makes most sense.

If we get to the end of April, and a second load hasn't gone to a Glencore, you may have a point. But again, I think you will be wrong, like you where about this TFS arriving, and I will be right....