Member Info for CDF1

1.7 by Friday a possibility :-))

Gonna say it now, "wouldn't want to be out of this over the weekend"

ATB

PPL loading UP for EOM news :-))

Alan Hollis, Chief Executive Officer at AMTE Power, said:

“We are very pleased to have the support of existing and new shareholders as we look to put in place the Initial Recapitalisation Plan and progress towards restoring the Group’s financial foundations. I am particularly excited to be working with a potential investor who can truly support the strategic growth and development of the business.”

The Initial Recapitalisation Plan

Further to the announcement of the Initial Recapitalisation Plan on 25 July 2023, the net proceeds of the Placing will be used to provide further time for the Company and the potential new equity investor (the “Potential Equity Investor”, referred to as the Equity Investor in the Previous Announcement) to complete the proposed initial equity investment of £2.5 million.

During the course of its due diligence, the Potential Equity Investor has advised that it can, where suitable, introduce companies in which it has an equity interest to AMTE Power with the view to generating offtake agreements for sodium-ion battery cells. It would also provide similar introductions to other companies with which it has strategic relationships, where battery technology is currently being deployed at large scale in various industries, for example in renewable energy.

Given the potential for revenue growth that, in the Directors’ view, can be realised through these arrangements, AMTE Power intends to issue the Potential Equity Investor with compensatory warrants in recognition of the value of such offtake agreements. If required, shareholder approval for the issue of any such warrants will be sought in due course.

The board of directors of the Company has been informed by the Potential Equity Investor that its due diligence is progressing; that significant strategic work has been undertaken; that further confirmatory and technical due diligence is its current focus; and that this work is now anticipated to complete by the end of October 2023.

And furthermore I wouldn't pay to much attention to the trades on LSE in RED because a few of them were mine and they should of been BLUE as they were buys !!

My point is so many PPL been talking this down, lets just wait and see what happens ..

Yes SP is lower than 1.7 placing price but the herd follows news, what actual news has there been since, nothing ..

We can all try and second guess the outcome but none of us really knows without further updates!

Https://www.linkedin.com/in/alan-hollis/

Chief Executive Officer AMTE Power plcChief Executive Officer AMTE Power plc

AMTE Power · Full-timeAMTE Power · Full-time

Oct 2022 - Present · 1 yr 1 moOct 2022 - Present · 1 yr 1 mo

Oxford, England, United KingdomOxford, England, United Kingdom

I have been recruited to transform AMTE Power from a £2m battery cell developer to a £300m T/O profitable battery manufacturing and development business. This is a fantastic challenge and I have a great team to take us on that journey. Our focus is Sodium ion and Lithium ion batteries for static energy storage and automotive applications.

Key achievements and focus todate are:

• D&I Strategy to deliver the business goals (Revenue, Profit, Cash)

• Build, coach and develop the team to deliver the strategy.

• Build government relations (UK & Scotland) to support funding and growth strategy.

• D&I funding strategy that is capable of supporting the growth and development of the business (shareholder base, strategic investors, Govt funding, debt funding….)

• Build and develop customer engagement leading to significant offtake agreements.

• Develop and implement plans to build a 2GWh gigafactory (estimated cost £250m)

• Raise the brand awareness of AMTE Power through the implementation of a solid marketing plan and marketing communications strategy.

• Improving and developing stakeholder relationships.

Https://amtepower.com/investors/shareholder-information/

Carl Maine 3,767,395 10.40%

Renaissance Capital Partners Ltd 2,271,264 6.27%

Steven Farmer 2,203,034 6.08%

Kevin Brundish 1,990,940 5.49%

Thames Temese Management Ltd as Trustee of the Thames Trust 1,877,883 5.18%

Ian Whiting 1,786,534 4.93%

John Kinder 1,388,262 3.83%

Simon Philpot 1,152,324 3.18%

Technical due diligence is underway and the new #investor expects to complete the work by the end of October 2023.

#AMTEPower added that this new investor has offered, where suitable, to introduce companies in which it has an equity interest for possible sodium-ion battery cell offtake deals and other large-scale projects.

Not over until it's over and I can't hear anyone singing just yet !!

Have a holding, will continue to hold come what may :-))

3-5p by Xmas, now that would be nice !!

The risk vs reward has to be worth a few grand ..

IF the supposed 'Investor' comes onboard with cash injection and contacts this could be 3-5p by Xmas.

My buy is showing as a sell ..

Volume 1,000,988,277

Says it all, traders & profit takers !!

LOL

Gizabigrise -

Is more like a budget sparkler atm :-((

Problem nowadays is most trade, very few mid-long term investors in anything, except those in the likes of BP, Shell and similar that keep their investors by offering dividends etc

908,373,938 traded now !

Looks to be much a do about nothing imminent ..

887,326,584 traded and currently sat 2nd on the leaderboard ! :-))

Time to load up for bigger mid-long term returns ..

Please not a BANGER !! lol

What kind of firework will this be after lunch ?

A Catherine Wheel, a Fountain, a Roman Candle, or a ROCKET :-)))

ASI -

Certainly how it feels atm, is like walking through mud with lead boots on lol

So this week's ramps ..

JV imminent

Diamonds due

First placing churn almost done

Q3 results

Leak & Leaky

News incoming

Reality ..

Not above 0.22

AP still AWOL

GLA ATB :-))