Well we got the RNS, not the one people were hoping for, but at least it’s some communication. People were saying commissioning was going to take two weeks, I don’t know where that came from and I was always sure it was wrong.
The time scale I was going off was around 6 weeks for comm phase. But that’s not a problem as they are slowly increasing production over that time period.
Nice to see a little jump in SP this morning on the back of the RNS. Hopefully we can continue this positive momentum.
Robin Brundle just posted an interesting tweet on his account referring to TM1…
‘Anecdotally it seems we may have underestimated the levels of aged stock sitting in the UK - we will work as fast as we can to support.‘
That sounds very promising! Clearly they are going to have no problems finding the feedstock for the machine. And if people are paying them good money to take it away, even better!
Got to be honest, I dont fully understand it. But the fact they have put out an RNS must mean it has some significance. I’m sure in the long run it’s another nice little feature of the company that will add value to the business.
Assuming it works well then the recycled lead quality should be better due to removal of sulphur from the lead paste ie a good thing (you want more lead/lead oxide and less sulphur to be able to reuse the lead).
Its not secret that tm1 is massively under valued hopefully that will all change once the plant is up and running fully and cash is coming in.
I dont really know who or how they value them but tm1 was valued just on theory. Since then they have built the plants had several mining plots opened and tested some even sold and battery boxes added yet they are still valued at the same make no sense
Has anyone else experienced this; the price of the shares just dropped to 0.015 I bought some at that price it even said it on the screen at the time, when it finalised the purchase it said 0.017 wtf is that all about
