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Thinking about this, why would Alex sell CCL shares, to an II initially who we know dumped them....

To raise money, to allow a subscription for more shares if it were only to raise funds? The first part of that exercise already achieved that, he could have just used the funds from sale of CCL shares as working capital and to pay off debt. The subscription is pointless unless someone does actually want the shares to hold. I think we will be getting a Tr1. It's the only thing that makes sense.

I think that was probably Alex selling the shares at the agreed price, to the "certain Investors,"

So now we will test the theory, have they just gone to an MM to be dumped? Or have they gone to an investor(s) holding, if so as should see a Tr1 shortly.

Crikey, wkw still banging the drum and hasn't read the rns, or just doesn't understand it...

CCL sold to raise capital, to enable the 448m share issue. 250k for working capital, 198k to pay off some outstanding debt....

Completely agree BT, appetite for risk is exactly what seperates us, and creates the market.

I'm a young man, with a young family, willing to take some risks to better my position in life. I have a much safer investment on the go, which received some very nice news this morning.

And then I have this, my speculative gamble, that if It does recover to over a penny I will likely take my very nice profit and pour it back into my safe bet. Future assured.

But if it doesn't work out, it was worth a try!

BT I thought you were going to provide a revised opinion on the CRML BTC situation, I think it is a remarkably good move. Nasdaq also appear to like it.

Hm they've already waived the right to early redemption for a year and a day, they could have done so when the mcap dropped below 5m.

If they wanted to call in the full debt they could have done so already and not waived that right BT.

We've been over this many times, and I don't think they will force an administration event, when in a month's time TM1 may have the ability to repay debt via crml shares, and later in March revenue from the Glencore deal.

I'll admit, if for what ever reason the crml deal fell through, that would be a disaster for TM1.

I think there is still one more option In that event, perhaps Alex would have to sell all his holding to pay creditors, or heaven forbid, Brundle put his hand in his pocket and offer a directors loan. Both possible in a worst case scenario.

BT, they still own Wolfsberg and a percentage of Tanbreez, they are still very much a critical metals company, but following Trump's rhetoric around crypto, and the fact a crypto company donated 200mln to his campaign, it seems a pretty smart move to add bitcoin to their portfolio. Not sure quite why you see that as a negative.

Potentially we will see an rns then confirming the completion.

I enjoy the back and forth and reasoned debate.

Its the name calling, and personal insults that ruin it for everyone, something I am also guilty of.

Its easier to absorb people's views when you take the emotion out of it.

Sirius minerals comes to mind BT, what a corrupt cluster f**** that was.

I can see your points regarding over stretching and delivery being to slow here.

But I still think there is a chance TM1 could be one of those rare companies that can pull back from the brink.

The recent deals and automotive contracts are encouraging from a feedstock perspective. The Glencore offtake is also very promising. And the saving grace in 6 weeks could be CRML.

I take your point in others also wanting to sell when shares are our of escrow, but I'd argue the Trump effect may create the SP there, and liquidity for reasonable tranches to be sold to start alleviating debt. I think Trump is serious about Greenland from strategic military perspective, and because of the vast untapped mineral deposits that it holds.

I think if the rhetoric continues and good news like today's Tanbreez rns keep coming, the SP could he over $10 dollars again, which is pretty game changing for TM1.

Ignore me, just confused by the wording, it's just an allotment of shares so the 69m have been admitted to trading, only just uploaded to CH today.

SH01 on companies house, return of allotment of shares, 69m suspiciously similar to the amount Atlas had from the last conversion notice.

If it is indeed them, why would they return them?

BT, thoughts?

Thanks BT, aware the deal hasn't completed, but the sale is agreed pending DD etc as we've been over previously. Sale was agreed in October so one would think the DD has been done, and perhaps the deal will complete when shares are released Feb 28th. Similar to an exchange on a house purchase.

I don't know this to be fact, but it seems logical to me.

I also think CRML and therefor us are well positioned in this current political climate, and Trump's avarice of Greenland will do us some favours over the next month. Today's news from Tanbreez should also encourage punters.

28th of Feb is the decider. Absolute make or break.

I suspect crml will have a good month, if the shares come out of escrow and are $8 dollars or more I think we will see a significant proportion, if not all debt, being able to be paid off.

With that looming threat removed, coupled with incoming black mass sales I think Q2 onward could be a very positive.

Either way, It should finally put the eternal conflict on this board to bed!

They also won't tell us when the time comes who's paying what for black mass, for the very same reason.

I've got to agree there with Troajan, it would be mad telling the market one customer has paid x amount in gate fees when different prices will be negotiated with others, completely undermining negotiating power by announcing it.

Recyclus istelf was valued at 30m some time ago now, arguably worth more with contracts in place and in the arena of current legislation forcing Oems to recycle. I think we will see a lot more automotive batteries coming our way moving forwards.

950,000

US markets closed today, moves tomorrow after Trump's inauguration today.

He's coming for Greenland, great for us.

Good news, more automotive batteries.

Finally getting better volumes of feedstock.