Member Info for HorisM

Good funding news would expect a fast move back to £2 levels (yes that much! )

With government funding secure we should NO to the pinnacle deal, as not needed.

The UK government needs to approve funding now to get the Dundee factory going and hiring of new staff to drive more jobs.

UK Gov funding is a win win win:

1) Supports Green Tech and move to net zero carbon

2) supports UK Jobs

3) Support UK manufacturing

Tried to buy this morning and nothing available over 100K, but can sell my whole holding.... get ready

From the supporting UK Gov docs for AMTE :

About AMTE Power

AMTE Power is a leading battery cell manufacturer and we are one of the only companies producing cells in the UK today. Products like ours are vital to help meet net zero ambitions and electrify road transport. We are proud to be part of the UK’s long-standing battery heritage. Our manufacturing plant in Thurso, Scotland has been making cells for over 30 years and together with our team in Oxfordshire’s high-tech corridor and our collaboration with the UK Battery Industrialisation Centre (UKBIC), we are now looking to the future. We have ambitious plans to scale up production, reflecting growing demand for our cells both in the UK and overseas.

31: AMTE Power has invested in its supply chain capability to secure long-term offtake agreements for all raw materials, with competitive fixed pricing.

36: AMTE Power has developed cells such as the Ultra Safe cell which have sodium-ion chemistry. Therefore, its raw materials are more sustainable and cost-effective than lithium-ion alternatives thanks to the global abundance of sodium, mitigating some of the impact that the CBAM may have on this product.

39: AMTE Power already benefits from support from Scottish Enterprise (given the location of our existing facility in Thurso) and we embrace further engagement as we look to work in partnership with UK government to deliver our growth plans and play our part in supporting the UK’s battery supply chain ambitions.

43: We will draw on the skills and expertise of staff at our Thurso facility, which has been

been manufacturing Li-ion battery cells since the early 2000s. The staff at our Thurso plant have also trained others in cell manufacturing from universities and other commercial organisations to further enhance the UK’s skill base in cell manufacturing.

If any where wants an energy company to invest in that has a massive chance to be a dominant in the new renewal and battery age, check out AMTE

Lots of great things expected there.

For anyone new this morning, the UK Gov released a report yesterday naming AMTE as one of the best ways to fill the gap for batteries, support the transition to Zero Carbon, and support new jobs and British Manufacturing:

Check the link -

https://publications.parliament.uk/pa/cm5804/cmselect/cmbeis/196/report.html

https://committees.parliament.uk/writtenevidence/118548/html/

To summarize:

AMTE are THE solution to the UK's need for batteries, and being already set up and just needing UK government funding for raw materials makes them the safe option for grants.

As European countries are ramping up battery production there is an immediate need to for the UK gov to support AMTE to ensure that the UK doesn't lose to Europe and China manufacturers.

Faraday Institute have outlined in very clear terms that the UK government needs to provide funding and grant immediately or face completely losing the battery race

Supporting for why UK gov must support AMTE:

"one of the only companies producing cells in the UK today"

"A failure to capitalise on UK battery manufacturing would be a lost opportunity to create manufacturing jobs that are essential to the net zero transition"

"there are currently concerns about the UK’s ability to deliver a sufficient number of large scale gigafactories by the petrol and diesel 2030 deadline."

"AMTE Power will contribute less to the burden on material supply chains."

"We will draw on the skills and expertise of staff at our Thurso facility, which has been

been manufacturing Li-ion battery cells since the early 2000s"

Good expected news = rocket ship

And on that day a saviour was found.

The huntsman torch help high and proud.

For long in the darkness the land had foiled.

But now with battery power ligh bulb they toiled.

Government funding coming.

Expected loan from Arena Investors

Vote No to pinnacle

Vote NO to pinnacle.

VOTE YES to government funding.

Vote Yes to UK government funding and ensure the UK has a jewel in its crown for the new age of batteries.

Vote No to the pinnacle deal.

The UK governments back are against the wall, and if the UK goes bust because it fails to modernise and get manufacturing going that means all the old elite will lose their wealth, status, and power as it's tied to the country.

The UK government must give funding now to support AMTE, the Pinnacle deal opens the door to foreigners taking over the company and the UK losing the race for batteries and causing a death spiral from which it will never recover.

I vote NO to the pinnacle deal, and YES to UK funding immediately!

I vote NO to the pinnacle deal, and would rather watch AMTE go bust and F over the UK, if the UK gov can't pull it's thumb out NOW and give funding.

To summarize:

AMTE are THE solution to the UK's need for batteries, and being already set up and just needing UK government funding for raw materials makes them the safe option for grants.

As European countries are ramping up battery production there is an immediate need to for the UK gov to support AMTE to ensure that the UK doesn't lose to Europe and China manufacturers.

Faraday Institute have outlined in very clear terms that the UK government needs to provide funding and grant immediately or face completely losing the battery race

Supporting for why UK gov must support AMTE:

"one of the only companies producing cells in the UK today"

"A failure to capitalise on UK battery manufacturing would be a lost opportunity to create manufacturing jobs that are essential to the net zero transition"

"there are currently concerns about the UK’s ability to deliver a sufficient number of large scale gigafactories by the petrol and diesel 2030 deadline."

"AMTE Power will contribute less to the burden on material supply chains."

"We will draw on the skills and expertise of staff at our Thurso facility, which has been

been manufacturing Li-ion battery cells since the early 2000s"

If we get a kickback to fund Dundee and paying running costs for a year then we are looking at a rerate to 40p

Gov grant = 40p target immediately

Looking like some bigger Xmas presents on the way!

Ms Badenoch said: "The Government is upgrading our trade deal with South Korea to ensure that our trading relationship plays to the UK's strengths as an advanced, high-tech economy."

https://www.msn.com/en-gb/money/other/brexit-britain-handed-21bn-win-with-major-new-investment/ar-AA1khDdu?ocid=hpmsn&cvid=414de5ee4b9d464fb141e72cc3239430&ei=21

Im sure the peeps that bought in at IPO will be looking for a healthy return of the share price.

And bases on the market potential and the fact that so many companies are moving heaven and earth to get into sodium battries is a big win.

South Korean President in UK with the Royals today, and Xi in the USA last week, looks like Europe and US are setting up new partnerships with east Asia, with the planned move away from oil over the next few years.

Just tried to buy another top up and once again HL keep declining.

Seems like everything has now been eaten.

Anyone want to see some into the market so i can make a trade?

@MickR

I'm sure I will a few holidays on the way back up.

And then buy a nice house when we reach £3