Member Info for wolfi

TVL has formally commenced its Front-End Engineering Design ("FEED") study, marking a critical milestone in the development of its lithium hydroxide refinery in Teesside, UK. The Company also continues to advance due diligence with investors as part of the capital raise led by ABG Sundal Collier.

I bought more this morning, directors wouldn't of bought that large amount of shares at this late stage if the deal with ABG Sundal Collier wasn't going ahead.

Directors buying nearly 30% of placing as well, oversubscribed placing at a less than 15% discount.

Well i took advantage of the drop, thanks.

I can't see his name or holding on Cykel's website, see below;

Significant Shareholders

As at 12 November 2024, as far as the Directors are aware, the following shareholders are Company Directors or interested in 3% or more of the issued share capital of the Company.

‍

Charitable Impact Foundation (Canada) – 32,000,000 Ordinary Shares – 14.78%

Toro Consulting - 63,550,000 Ordinary Shares – 7.29%

Crowdform Limited - 19,110,000 Ordinary Shares - 4.41%

California Two Pizza Ventures Inc - 13,377,000 Ordinary Shares - 3.09%

Hi Toffers, Toro is owned by Bixby

AI will not replace humans, but it will replace humans who don’t embrace AI.

Https://www.youtube.com/watch?v=2K69VrKUBK8

Https://www.lse.co.uk/rns/MAC/weardale-lithium-planning-permission-application-update-or52dlikm35ibfo.html

Looks like Weardale have now got full approval.

I expect it's Bixby's charity shares that are being sold.

Second on the riser board and the masses haven't arrived yet !

With under 9 million shares it moves quickly on small volume.

Unleash the Fiver.

Here's the broker note;

https://clearcapitalmarkets.co.uk/cykel-broker-note-jonathan-plant/?gad_source=1&gclid=CjwKCAiAjKu6BhAMEiwAx4UsAt8IHL_ai7z_7npr2k8ELkPuFtocubrR8hQazap5ozyQtNIYa4W09BoC2xEQAvD_BwE

From December 2024 broker note

Given the speed of advancement in the AI bottom-up market, the fact that Cykel have the right product for current trends and a product/price mix that encourages take up with strong loyalty and upselling features, plus a trend for investment in the winners we have confidence that it is reasonable to have a price target of 65p within the next 24 months. This will require progress to be made on revenues within 2025.

Marechale Capital plc (AIM: MAC) has noted the recent increase in the Company’s share price.

The Company notes that, in respect of its investee company Weardale Lithium Limited (“Weardale”), Durham County Council issued a Committee Report on 28 January 2025 on Weardale’s planning application for the development of its lithium extraction project.

The report has a recommendation to approve the application and is publicly available on the planning portal of the Durham County Council’s website.

Weardale has advised the Company that the planning committee hearing is scheduled for 5 February 2025. If planning is approved, the project could become the UK’s largest lithium extraction facility.

The Company will update the market further in due course.

Top of the risers board

Bid 4.42p

So £8m sterling deal about to be done and the mkt cap is £5m, no brainer !