Need some news about the two plants opening and fully functional ! My understanding listening to a podcast recently was that if the EA licenses were not complete they would start cutting up batteries by hand and process the recycling of them once broken down. Not exactly the best option but at least they are getting throughput and more importantly cash flow generated
I have no idea what this is or what this means but I know lots of people are invested in TM1
This is more good news, it’s new technology they have been helping develop and it adds more potential value to the company. Allows them to make more profit from the batteries they will be getting. It’s basically another string to their bow.
Last night there was a live podcast with Lester Kemp the COO. He was talking about the Aramo Copper-Cobalt-Nickel mine is Spain. Was a really interesting listen and I was very pleasantly surprised at the size and scale of the mine. A serious amount of value there in the next few years.
It was also interesting to hear they have several other mine permits in the works thus expanding their portfolio in Spain. This company is the real thing! The potential for growth in the next five years is very exciting.
Just watched an interview with Robin this morning from the twitter feed. Some updates! The lead acid battery plant is just waiting for a few more permits. They are well along and they expect to be starting production in July.
Also the storage boxes which have been mentioned in the past have passed most of the tests they have to go through and they should also start bringing in revenue in July.
So that’s all good news, two streams or revenue about to begin.
From their side they’ve done everything they can, it’s just been a case of waiting for the legal stuff to get through the system. All very frustrating for them and us when they are basically ready to start. But at least now we have some news!
We need some good news … pretty bad week for TMI. ARVL has done well for me this week but a bit offset by my holding in TMI