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Https://www.newsfilecorp.com/release/181428/Global-Battery-Metals-Announces-Results-of-Annual-Meeting-of-Shareholders

Either way, they are making short work of the "overhang", and I don't think they are finished looking at the last few trades of the day.

Wkw.

Look at the trades. For 76m shares to be sold. There has to be a buyer. Now either, Swanny is adding further to his holding on the open market. Or, there is another large shareholder building a position.

On no news 76m don't just change hands willy nilly. There is method to this madness, we just can't see the motive yet.

76m shares changing hands today, mms definitely have a steady supply from the 448m, less Swannys 168m.

Steady buying of large clips, suggest someone else building a position. But why? The game is afoot.

Laststanding.

Utter rubbish.

It is a meeting of GBML share holders to approve the sale of Leinster for a share consideration in CRML.

I don't think Jonathan Swann bought another 5% of a company about to go bust.

They'll let it go when they are out of shares.

Seems to be being managed closely at the moment.

I suspect the working theories for the 448m shares ended up somewhere between the bearish and bullish suggestions.

Swanny took 168m

And it appears the mms have a surplus to sell from the remainder, and someone, or multiple investors seem to be happy buying them in this range....

I think they are a fair way through the remainder already...

Question is who is buying them, and why?

I have my suspicions.....

Regardless I think the expectee 3.1m was after all liabilities, as the share price of crml has now gone up thats closer to 5m.

Someone is buying big.

I believe GBML are getting shares as settlement.

As for the capital gains tax, I wonder if a few things in the accounts could offset that? The asset that was relinquished for example? Think that was worth a fair whack.

If the balance of the 448m shares did go to Mms, after Swanny took 168m, I think we could be a fair ways through it.

20m buy yesterday, 18m buy today. Plus multiple clips throughout the week between 1-5m.

Agree with that Gerard.

But do Glencore not trump lohum in size and scale? I see that relationship coming to fruition shortly. A 12 month supply contract with them should provide the revenue and profit you describe.

Yeah I am confused by that statement, it's not just a concept, it's an operational recycling plant, with feedstock deals and two offtake agreements...

I enjoy Gerards posts, but am bemused by that.

I think there's a certain Seagull who may also join in on the collective dive bombing 🤣

Hahaha, Pigeon chess grandmaster.

That made me chuckle. Well if February turns out to be a good month, the Swann effect, TFS (maybe), CRML, maybe some more feedstock deals. You very well may be bested by a flock of manky feral pigeons BT 🤣

Https://youtu.be/EBIqRhm_bFc

Again Link to interview with RB talking through the particulars of the Glencore offtake agreement.

I suspect they will take it as soon as the TFS arrives, and as I have pointed out numerous times, it's not a one off 100 tonne load, it's a 12 month offtake agreement.....

What Glencore intend do so with the black mass we sell them, is of little consequence to TM1/Recyclus. Once it's gone through the tunnel and the cash is in our bank, job done. They may be stockpiling, or moving onto a refinery, doesn't make a jot of difference to the nature of our transaction.

Wkw...

Yet again telling lies. Initial 100 tonne load, as part of a 12 month supply contract. Did you watch the interview I posted for your benefit? Black mass to be transported to Germany, via channel tunnel.

i'm not getting pulled into ****ging matches again despite some effort below.

i am not a "pumper", i just see tm1 as an excellent recovery play, if, certain things fall into place.

now it is looking like they will, crml is a diamond in the rough in my opinion, their tanbreez asset will be highly sought after, especially if further assays come in with positive results. which will increase the value of tm1s holding and ability to pay off debt.

the tfs for glencore, should be very close now. that will also be a major catalyst for value when it lands. as i've said i think mid to late march, but could be sooner.

swanny taking another 5% is also a positive indicator, i have my suspicions as to why he has done this, but i won't be voicing them here.

bulls vs bears, all to play for.