Member Info for THE_CHAIN

"ACM have agreed to abide by orderly market provisions in respect of the sale of shares and have indicated that they have no immediate plans to dispose of the shares."

Well, well, well....

Only converted 250k, 40m shares...

Looking less likely to be Atlas.

If they forward sell further, they then devalue those shares...

Let's see what next week brings.

Further ammendment to my rushed reply, I'd agree it is most likely Atlas if the selling continues for another week or so at the same volumes. We shall see.

-wrong side of that news

I'll concede, if it were Atlas selling, in the complete absence of price affecting news for another month, the scenario is possible and would cause considerable near term pain. Volume like this for another week and I'd tend to agree

But the TFS is due, we are 4 weeks past application period, and into the known deliberation period, it's likely with BASF Asia, conjecture but makes sense, I wouldn't want to be on the wrong side or the news...

I'll offer a little correction there, they'd have 245m on conversion if it was indeed them , forward selling, driving the price down to 0.0061. But IF it wasn't, they'll have around half that, maybe less when they convert, as the first drawdown was intiated at a considerably higher share price. Seems the details may have been kept from the public eye for a reason...

If Atlas aren't forward selling, and CLG are almost out, that bodes very well for next news.

Yep, another if, well done AJS, your favourite word!

But even you must admit, what we are seeing is not what one would expect with a CLN with circa 200m + shares to forward sell... Fact is you have no real idea, and nor do I, but we can speculate and make our decisions based on that. I think something is keeping Atlas in check, could be wrong, but the price action suggests there is more to this than meets the eye.

Sorry 44 million shares

Recent conjecture from the TG group, CLG may have had 44 shares to clear after the business concluded. They have no insentive to drive the price down lower so will be getting what they can for them, must be nearly done now. Good news is, it would appear that Atlas have not been forward selling if that is the case.... Also, 2.5m buy followed today's sales, hence the price stability.

Artic, cmon mate keep up, the cradle to cradle isn't from mine to black mass is it....

It's from battery, to black mass, to refining it ourselves eventually, and then being sold back to giga factories in the UK. The mines, whilst being valuable assets, are a sideshow to the recycling, the model there is to prove the resource then sell it on, as they have done here.

Good post Foz, informative. But don't give AJS credit, he still maintains the Co will go bust, share price of 0p, and will count you in with the "mugs" for having money invested here. Even when the TFS arrives, he'll post something negative. Note I say "when" and not "if" now, the latter causes him to get a hard on and start talking about Spartans....

Haha, what, exactly like you did last week AJS? And you also quoted something I'd said in the TG group, so also spying on me. I'm flattered!

It's not a prediction, I didn't say theyd have a plant built, the Co have brought Dr.Anwar on board, to perfect the black mass refining process, they expect to have that process in hand in 18 months time...in the meantime we will be selling black mass via the TFS....

You are talking absolute nonsense wkw... Deranged fool.

Artic and Wkw, one brain cell between them, are here to save us from our selves. Jesus wept, you two are pathetic.

See you at 7am!

They won't necessarily just be handing over 10 million, the CRML shares are up 41% today, currently now worth $14m...wonder what they could be worth by next Feb?

Very shrewd move by our BOD.

And it's only Monday Dr. Let's see what the rest of the week brings.

"Any buying will be aggressively sold into", the desert and decaying faeces comes to mind again...

That "if" continues to look more and more like a "when".

TFS next? Hehehe.

Lol the trolls are out in force this weekend, normally means news on the horizon...

We did think it was European to start, but in the last interview Alex clearly states the customer is Asian, as they have the tech to refine blackmass to the highest purity, and no, I don't know yet, as we also have been told the customer will remain un-named until we get the license. You are like a broken version of AJS, quite comical really.

Wkw, you clearly don't understand the very basics of what the TFS is....

Transfrontier license to ship to a SPECIFIC address, this will be the address of the Asian customer who has agreed to buy our black mass for refining purposes, the TFS will be accompanied with an offtake agreement. So yeah, DYOR, and stop writing these deranged, half witted deramps.