RE: Intentions of Pinnacle4 Dec 2023 20:26
The intentions are sincere.
The PIF is the largest sovereign Fund on the globe., beyond anything AMTE could have imagined back in 2021.
Winning the lottery in Thurston, Dundee, this is what it would look like. No one is going to complain.
Dundee factory remains, but it is considered too small imo due to infrastructure and size of the manufcaturing goal, Saudi’s will want larger premises to prvide needs of this country, but also global ambition to be leaders in other regions. Why, because time is of the essence, and gigafactory produce “mass production” that is the goal here.
Saudi’s have a huge wallet is an understament,
Saudi’s -Paid- £350m for a football player, that was a big story, because they wanted it to happen and so will this watch.
AMTE and sharehilders should be very thankful the Saudi’s have a broad plan part of VISION 2030, including EV’s, battery manufacturing mass scale, on the level with the likes of china, and change the landscape of EV cars globally, to provide EV’s globally, and take AMTE Power high with them., now under the UK Government this would never have done achieved in its life.
Huge ambitions
Each Gigafactory goal would be fitted to manufacture 2-4GWh - to keep with demand and create great economies of scale.
AMTE Power are currently in bed with FARADAY and BIC, and a dozen or others entities including Aussie joint venture, these collaborations and MOU’s in place are great for Saudi’s, all would need to buy into the future,and with Saudi arabia vision and welcome the PIF funding. They will be on board, as there is no significant alternative! The next step is money and Saudi’s have PIF fund. This is now the catalyst, and it is official. Middle eastern investors are coming to Dundee. Already in Newcastle, Aberdeen, now Dundee.
How many gigafactiries under the PIF Funding - as many as 4-5 gigafactories, maybe more.
Supplying markets/ locations : the Middle east, UK, europe, Korea, and other countries with EV vehicles
Manufcaturing bases already in place: Saudi, Japanese, British, US and other car models
Saudi ambition is to be global leaders since 2018, it is well on it’s way, due to the deals that have been struck globally.
EV technology, car manufacturers, collaborations with high performance EV companies, local minerals sourcing projects,
Invest sum needed into 1 factory make it a success and other collaborations will follow, huge orders and JV’s car manufcaturers to create a base close to each gigfactory plant.
4-5 gigafactories AMTE revenues hitting £1-2billion annual.
10-12GW factrories - huge scale, far higher than initial 0.5GW goal.
Share price could be £3-£4 easily.
PIF is a dream come true....100% strong buy
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