Member Info for GoHigh

Massively undervalued

Sounds encouraging :)

"MAKHADO PROJECT - SIGNIFICANT INCREASES IN MINE LIFE AND COAL RESERVES - ... 100% increase in coal handling and processing plant capacity, from 2.0 to 4.0 Mtpa" ...

RNS:

https://www.londonstockexchange.com/news-article/MCM/trading-update/16022639

RNS just out:

https://www.londonstockexchange.com/news-article/MCM/trading-update/16022639

Improved production metrics:

§ a 100% increase in coal handling and processing plant capacity, from 2.0 to 4.0 Mtpa; resulting in

§ a 30% increase in planned annual sales of 64 Mid Volatile (Vol) steelmaking hard coking coal (HCC) to 0.81

§ a 25% increase in the targeted rate of mining from 3.2 to 4.0 million (M) tonnes per annum (Mtpa) run-of-mine (ROM) coal

...

Deservedly getting good media coverage?

Does anyone know how big is the "sodium-ion cell" market? In addition to lithium cells, AMTE also has "sodium-ion cell" product/s.

"Lithium-ion chemistry isn’t right for every application and we are one of the only UK manufacturers developing a viable, alternative sodium-ion cell for energy storage systems – our Ultra Safe product. Ultra Safe will deliver the full potential for solar and wind power, conserving green energy for the UK grid and for our homes. This is an essential part of securing the UK’s domestic energy supply."...

https://amtepower.com/about-us/

The way you put the facts, make it feel like "potentially large".

The funding award, this huge publicity is a huge win-win for AMTE; particularly at this time and it should make it lot easiler to secure necessary backing. Give the fact that SP was over 50p just about couple of weeks ago, any hint of positive news should do wonders.

£398,000 to be precise according to the RNS.

Just out

Would have sounded ambitious; but in the light of recent events, seems quite possible :)

Thank you, appreciate it :)

Thank you for reposting the good news!

I think the funding award, adds a lot of value and prominence to AMTE and it will eventually come out much stronger with a strong SP reversal.

At any rate, this is an excellent news and even better opportunity for AMTE. The most important issue here is that this puts AMTE in a significantly stronger position. Also make them a very very attactive investment proposition. Btw, I thought each of the winners are going to get £1 each but it probably not the biggest question here. IMHO, with this new opportunity, far bigger, better opportunities will emerge for AMTE.

The miost important issue here is that this puts AMTE in a significantly stronger position to negotiate the funding issues. Also make them a very very attactive investment proposition. Btw, I thought each of the winners are going to get £1 each but it probably not the biggest question here. With this new opportunity, far bigger, better opportunities will emerge for AMTE. Excellent news!

AMTE Power wins £1m funding through the UK Research and Innovation (UKRI) funded Faraday Battery Challenge (FBC).

"FBC is a £541 million investment programme which supports world-class scientific technology development and manufacturing scale-up capability for batteries in the UK."

https://www.ukbic.co.uk/delivering-1m-innovation-scale-up-for-uk-sme-battery-developers

I think this solves their funding issues for now. Hope to see a sharp bunce

Gordonbennett1

This is what I have found from a post last night:

https://www.linkedin.com/posts/ukbic_faradaybatterychallenge-batteries-ev-activity-7079831871408218112-3KP8/?utm_source=share&utm_medium=member_ios