A revenue stream from the Black Mass will be helpful.
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Assume the share price will plummet again in a few days?
Diluting again
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Ahem!!!
What awful news.
Shares will be worthless soon.
What news? Its up this morning.
88% down…Not worth selling…Just hoping for a light at the end of the tunnel.
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I feel your pain i used to think this was a safe bet but not feeling it at the moment
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Fortune favours the brave!! Well hopefully anyway.
Its not about being brave anymore most of us small investors are so far down its not worth selling. Im just hoping we haven’t just been used to finance Recyclus till it starts making money and we get dumped.
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Yea, I’m too far gone to even consider selling. You’re right though, we’ve been sold the buy out for ages, it’s always imminent. I can see it not going ahead it’s taking so long.
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I’m normally positive but I’m feeling we’ve been done over big time
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Whats changed your opinion Jude?
Foe me it is the lack of takeover. We should be trading as Rg1 by now. As it stands we are carrying all the debts of recyclus. Plus beig strung along till September.
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I feel they’re taking the cash knowing it’s going down and I worry the take over should have happened by now. I’ll leave it all in and not worry about it but thought by now we’d be in a stronger position
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Unfortunately this situation has been developing since at least this time 1 year ago. The RTO, if it ever takes place, is unlikely to go ahead under the agreement as we currently believe it to be. The FCA simply do not like it and never have. The BoD’s have at best, misled us at every juncture. I do not believe TM1 are processing anywhere near the feedstock we require even to breakeven (assuming we will ever be able to trade it). Our funding has been abysmal, complete sharks, Atlas and co but we need them to keep the lights on. The BoD ‘s have always been too upbeat, pumping their own business with absolutely no return to shareholders. I have £80k invested at an average now of 0.96p but I expect to loose the lot. We will do well if we are still afloat by Christmas. I kick myself for believing the BoD’s rhetoric.
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£80k damn I’m down, quite a lot, but I saw (and still see) this as a super risky stock and only put some ££ in it because I think recycling of Li-Ion batteries is going to become a biggish thing in ~ 4 years when people are starting to get rid of older electric cars. I think the batteries have a useful life of ~10 years and Teslas took off about 6 years ago. It should be even bigger in ~8 years because I think a lot of people bought electric cars during the pandemic as that is when I saw a big uptick in the green boxes on plates. I’m down ~67% but as it was super risky in my eyes I’ve only put in £150. I might top it up to an even £200 and drop my average down further and I’d only be down 50%. I hope the £80k is as small of a fraction as my £150 is in terms of portfolio size.
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Just taking a look at my Google finance, my TM1 holding has risen 18%. Chances the stock will still be trading in a months time.
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Lets hope Tm1 holds on i think we all see the possibilities… im not buying anymore but just holding. I think the last link talked about future reycling of batteries and 2030 was a large amount … so Tm1 should be in a good position to deal with it by then!! Maybe even try and get European batteries… Norway is the biggest electric market by far… they should trying to get batteries from them aswell!!!
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They should be swimming in used batteries at the moment never mind the future. The amount most big firms have collected is insane .
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