Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Back on 27 March 2024, when Technology Minerals (TM1) issued its accounts for the six months ended 31 December 2023, I wrote an article setting out why I considered that Technology Minerals should consolidate Recyclus Technology as opposed to treating it as an associate. The impact of the consolidation treatment would be to significantly increase reported losses and reduce the net assets of Technology Minerals. In its accounts for the year ended 30 June 2024 highlighted that the FRC was on the case as I reported in my article of 11 December 2024.
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