Member Info for HorisM

It's not strange, multiple companies are moving into sodium.

What's strange is that pinnacle paid £400k and then stalled, so either they will provide the £2.5m in 2 weeks or they are complete morons for wasting that much capital.

If you look at the costs to get a battery company going its more costly than a wholesale acquisition of AMTE.

Buying AMTE is an easy play, the company has already done the hard work, and they just need clients to roll products out to.

Would expect a green fund to take this over and make it private, the deep tax discounts they would get is a massive offset and makes the overall cost even cheaper.

It's a start up with €20m in Seed funding.

It means nothing at the moment.

Maybe a smart move would be for Lionvolt to buy AMTE, that gives them instant access to IP, talent, and a factory.

That way Lionvolt would be in a stronger position to raise seed B funding to start growth of Netherlands sites, and that way they have a foot in EU and UK, and with also could using Dutch ports supply the south of UK from Netherlands and Scotland/North UK with AMTE sites

On the down side I lost a bit of money.

On the upside I've seen the falling of a key domino signalling the system collapse of the UK economy due to stagnation of technology manufacturing.

Be interesting to see this play out.

I personally see massive value here with the sodium, the tech is the best way to mass produce and have good profit margins to dominate the emerging home battery market.

Elon himself said a couple of months back that the vast move to electric cars will put a massive strain on current electrical grids that will need home batteries to balance energy usage over the day/night.

It makes more sense for a green fund to step in, pay off Arena and pay the share holders to take the company private, full liquation will mean an asset strip with multiple parties and therefore a parts shop.

If AMTE does go against the wall this will be very bad for the UK gov, combined with BritishVolt it will lose them support from eco groups and green investment companies.

Secondly to that, if AMTE goes due to lack of support from UK gov then it will also make the case harder for investment and set up with emerging industries and new manufacturers in the UK rather than in the US, EU or Asia.

Look at Northvolt, they are romping to scale, and the Tata UK factory won't even be operational until the end of 2025.

Looking into 2024, the UK economy is in dire situation as it is too financial and service based, the country is in desperate need for manufacturing and moving again from foreign energy costs.

Pinnacle could still play the support funds.

Everything still very much in play.

Would expect arena would also prefer a buyer or for pinnacle to step in, as this means they get more interest from their loan and less risk than themselves trying to carve up the company and sell off.

Buy up the company, expertise, IP, factory and tangibles.

Pay off Arena and current share holders, take the company private and begin lining up government grants from the UK and worldwide and use that money to recoup initial investment.

Get a few contracts in place to start to roll out batteries to clients.

Get more government and NGO funding, and sell newly issued shares to other green investment funds to expand manufacturing and clients.

Reading the prospectus they are aiming for initial offers by the 3rd January 2024, so completed within a couple of months.

Ultimately I believe the issues we face is due to macro conditions there is a current mind of keeping to established systems to reduce cost, hence why oil/gas is still in control, combined with the fact that the people in power are in bed with oil/gas.

However, we are at a moment of change. Renewable with onsite batteries is a massively growing market, and anyone that has pay their house off will be looking at low cost options to become energy independent and reduce costs on the longer time frame.

This is also applicable to large offices and factories, that an initial outlay with yield better saving and improve the bottom line in an era of high oil/gas prices.

The issue facing AMTE has been a lack of initial investment to build the marketplace and clients, and having a large production to reduce costs on volume.

However, the great thing about AMTE is they are set up and ready to go and within a 2 year timeframe can be market dominant and established the new paradigm of batteries with sodium.

And large US fund that can drop a few million £ into AMTE now could be making 100x, and given the big green incentives for investment funds with tax reductions, plus the bigger consumer market move, this a great opportunity.

Pinnacle really dropped the ball in this one, and I believe they should be given their £400k back and told to do one.

The market potential for batteries is **massive and rapidly growing**, fueled by several key drivers:

**Global electrification trends:**

* **Electric vehicles (EVs):** The shift towards EVs is a major driver, with battery demand in this segment expected to explode. Estimates suggest global EV battery demand could reach 4.7 terawatt-hours (TWh) by 2030, a significant increase from around 700 GWh in 2022.

* **Renewable energy:** Integration of renewable sources like solar and wind relies heavily on energy storage solutions, with batteries playing a crucial role.

* **Grid modernization:** Upgrading electricity grids to accommodate fluctuating renewable energy requires battery storage for peak demand management and energy security.

**Technological advancements:**

* **Battery research and development:** Continuous improvements in battery technology are leading to increased energy density, faster charging times, and lower costs, making them more attractive for various applications.

* **New battery types:** Development of solid-state batteries and other next-generation technologies promises even greater performance and safety, unlocking new avenues for battery use.

**Widespread applications:**

* **Consumer electronics:** From smartphones and laptops to wearable devices and smart homes, batteries are ubiquitous in the consumer electronics landscape.

* **Industrial and commercial applications:** Batteries are increasingly used in robotics, drones, medical equipment, power tools, and various industrial processes.

* **Grid-scale energy storage:** Large-scale battery systems are deployed for grid stabilization, peak shaving, and facilitating renewable energy integration.

**Market size and growth:**

* The global battery market was valued at around USD 107.48 billion in 2022 and is expected to reach USD 475.37 billion by 2032, representing a CAGR (compound annual growth rate) of 16.03%.

* Lithium-ion batteries currently dominate the market, but other technologies like solid-state and flow batteries hold significant potential for future growth.

**Challenges and limitations:**

* **Environmental concerns:** Ethical sourcing of raw materials and sustainable battery production and disposal are critical aspects to address.

* **Geopolitical issues:** Dependence on specific countries for key battery materials can cause supply chain disruptions and geopolitical tensions.

* **Cost and performance limitations:** While advancements are occurring, cost reduction and further performance improvements are crucial for wider adoption in certain applications.

**Overall, the market potential for batteries is undeniably vast and promising. Continuous advancements, coupled with the increasing electrification across various sectors, are likely to drive exponential growth in the coming years. However, addressing environmental and geopolitical challenges will be crucial for the sustainable and responsible development of the battery market.

Be difficult for the first minister to offer anything while FPR are doing their work.

However now this is be discussed at the highest level, as such I would be adventurous to Scotlands economy that once AMTE has a saviour that they provide additional funds to assist with Scottish manufacturing and jobs.

The whole thing is bizzare.

It's not some vape store with dodge books, this was an Aim listed company that was publicly named in UK Government research and review documents about net zero and manufacturing.

Considering the massive millions of £ pot the UK gov is rolling out, it seems like an easy play to keep the company alive get some clients and once the UK gov funds are activated use that as capital for fast growth.

Add in renewable energy subsidiaries to support end euser purchases and it's a very easy market to open up.

Surprised that AMTE didn't have a few options lined up as back up plans.

Oh well, now over to FRP to now set up a takeover

Has Pinnacle properly 9i55ed off then?

Very strange action from them.

Considering they spent months in talks and review to ditch the day before is very bizzare

Happy to sell my lot to a company that can deliver AMTE into being a change for good and getting the UK back to it's great position as a leading nation for technology and manufacturing

It's a perfect plug and play company.

Factory and staff, with IP and supply lines, and client base.

Plus UK gov funding ear marked.

Could see a £10m pay out, £3m to clear arena, and £7m to pay off share holders.

AMTE is effectively a plug and play company.

The cost to take them over is vastly cheaper than starting up, and given the desperate need for batteries this is imperative that the UK gov support them.

In real terms the only ways to get the UK economy moving again is to cut energy costs and increase manufacturing, both of these objectives are checked by investing in AMTE.

FRP have a lot of skill in refinance and company sells.

Given the fast pace of getting batteries to market I can imagine they will be able to get something good on the books soon, and could be a better deal than Pinnacle were offering.

A good green fund with government backing is what's needed.

Sell pinnacle their 80m shares back to them for £400k they paid and tell em to F off

Https://www.thenational.scot/news/24002079.major-scottish-battery-factory-enters-administration/