RE: AMTE Comparing battery company stocks valuation with US peers19 Nov 2023 19:59
Solid Power - US stock - battery manufacturer - testing samples with potential customers STOCK VALUATION is already $263m valuation
https://www.fool.com/investing/2023/08/09/why-ev-battery-stock-solid-power-soared-today/
In its second quarter, Solid Power generated $4.9 million in revenue from JDAs, up more than twofold year over year. The company racked up $8.7 million in revenue during the first half of 2023, up 123% year over year.
Of course, Solid Power isn't making any money right now -- it incurred an operating loss of $22.2 million in Q2, which was up significantly year over year because of higher spending on research and development.
The real reason behind Solid Power stock's rise today, therefore, goes beyond numbers. Solid Power started ramping up production of electrolytes at its second plant in Thornton, Colorado, last quarter and said it is receiving "positive feedback" for electrolyte sampling from "industry leaders." They are Testing and sampling.
The US stock is now valued at: $263m in august 2023, without any production or profit. Testing phase. AMTE will be bought out, before we get to £250m valuation. That will be a bargain, considering AMTE aims for 10GIGWatt, and UK requires 5 gigafactories to ensure demand is met.
The deramp arguement about profit, is weak as the knee joints, always has been. Watching too many bbc dragons den’s.
AMTE VALUATION is set to rocket, hence fill the boots time is now, before the masses realise in a week or two, by dec 4th, MM’s will have no choice, to let this go, once the wider masses realise true valuation of a megafcatory and the orders are sealed, 1 after another, every car will need a eco-friendly battery as lithium is not eco-friendly, and the size of the global market, and that AMTE is already in winning in phase4 in this nextGEN eco-friendly battery-market.
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