RE: Moving AMTE to the US for manufacturing potential25 Nov 2023 06:30
I think Pinnacle are acting like a classic Buyout company which is what they specialise in . Don't think they are acting on behalf of anyone else . They want to buy AMTE very cheaply because they realise that much more money will need to be invested to get the company on it's feet .
The sodium-ion battery market for green energy applications is the immediate market that they can target .
I can see them setting up a factory for sodium-ion batteries in a country where labour is cheap compared to the UK....unless they can make them with robots here in the UK . There's a big world market to crack here and I think price will be the key to opening it up . IMHO, DYOR , etc., etc ..π