Member Info for HorisM

According to this site they are a Saudi company...

Founded Year

2021

Location

Riyadh (Saudi Arabia)

https://tracxn.com/d/private-equity/pinnacle-international-capital/__pAlDLDoFXIdYNT7zH1dGTC16avoKqlHeK3y7-4KaRG8

Cheap home batteries to storage energy from renewable, are the best way for most to save and protect themselves from fuel price increases:

"Households are set to learn that their energy bills will rise again from January"

https://uk.yahoo.com/finance/news/households-set-learn-fresh-energy-000102381.html

Per my previous post, and why Sodium Batteries will become the defacto battery and energy storage for homes:

."As of writing, the price of sodium carbonate tops out at $286 per metric ton, while battery-grade lithium carbonate costs a whopping $20,494 per metric ton."

Safe cheap batteries are the next big tech boom:

""Going solar" doesn't just mean putting solar panels on your house anymore. Once seen as an afterthought for residential solar systems, a changing energy landscape is pushing home batteries into a lead role.

Virtual power plants and time-of-use algorithms give batteries a new function: Helping you save money every day. "

https://www.cnet.com/home/energy-and-utilities/home-batteries-arent-just-for-backup-power-anymore/

Battery invest is about to go massive!

"Commercial EV charging is also in transition. According to Reuters, the world’s largest auto manufacturers will pump nearly $1.2 trillion dollars into the EV and battery industries between now and 2030"

Source: https://www.engineering.com/story/wdonvn

Remember a key part of home solar energy is energy storage from peak hours needed batteries in the home:

Solar panel grants: What UK schemes are available in 2023

https://www.independent.co.uk/advisor/solar-panels/solar-panel-grants

"How sodium batteries will reshape the clean energy future"

Source: https://resourceworld.com/how-sodium-batteries-will-reshape-the-clean-energy-future/

"As of writing, the price of sodium carbonate tops out at $286 per metric ton, while battery-grade lithium carbonate costs a whopping $20,494 per metric ton."

Source: https://www.techspot.com/news/100882-sodium-ion-battery-breakthroughs-may-key-our-electric.html

£50k = leaky....

Expect counter offers for more favourable terms

Basically the company is now open to 50% of its shares to be bought and warrants issued.

Anyone with energy investment funds can see the easy opportunity here as the IP is built, the EU safety certificates in place, multiple factories in place, and now the company is in phase 4 which is mass production.

So the company just needs money to make and ship goods and will immediately be revenue generating.

As the CEO said, they are moving towards main market listing, so expects the MCAP to be more than 30x the current.

Sodium batteries are the next big energy storage system that everyone wants and is investing in, AMTE are about to become the UK's powerhouse tech company.

Here's why sodium-ion batteries are shaping up to be a big technology breakthrough:

https://www.cnbc.com/2023/05/10/sodium-ion-batteries-shaping-up-to-be-big-technology-breakthrough.html

Inlyte Energy receives $8m in Seed funding for Sodium Batteries:

https://pv-magazine-usa.com/2023/10/27/advancing-iron-and-salt-batteries-with-8-million-in-seed-funding/

Sodium-ion energy storage firm Peak Energy launches with US$10 million investment:

https://www.energy-storage.news/sodium-ion-energy-storage-firm-peak-energy-launches-with-us10-million-investment/

Everything is looking good, expect counter offers and additional funding soon.

Appears that Alan has finally got his feet under the table and using his connections to make this a great opportunity.

Considering the millions being poured into setting up sodium battery factories, AMTE already are ahead of the game with safety certificates, IP, and some factories in place.

With funding and setting up the giga factory then as the company reports state we are looking at £200m a year minimum, and looking towards an MCAP of £2billion

I'm expecting a counter offer for £15m for 150m shares and 50m warrants.

Its the only realistic offer to cover the cost of the company and give the fuel to drive the next stage.

then in 2 years we will be back to £3 a share, and minted.

Looking forward to counter offers next week.

have a great weekend everyone, and get ready for a big re-rate on this.

Everyone has clocked off for the days, its friday and peeps want to get out of london before sunset when the crims get to work.

First and foremost a big F to Tata and UK Gov. AMTE is years ahead of these guys.

Secondly, having a sodium battery manufacture in the UK is a massive advantage to AMTE to save on shipping and tax costs.

Thirdly, everyone and their robotic dog is looking to get into sodium batteries, as a proved tech that is cheaper than lithium and safer.

fourthly, I expect we will see multiple counter offers, and look forward to getting a nice easy pay-out for have faith and vision in a British company.

From the country that invented Trains, jets engines, radar, computers, we now have a chance to be a leader of the new age of safe cheap batteries!

AMTE are literally build, have the tech and IP, and going into mass production, with EU safety certification.

Would expect any decent offer to be in the 10p realm for 150m(with 50m warrants).

That gives the company £15m to finish Dundee, get sales team build and into international clients to sign multiple year vendor deals.

Even someone selling a house in Mayfair could make a better offer than Pinnacle lol

I would expect a counter offer next week, the one yesterday was pubic announcement by the company that doors are open for offers.

I would expect at least 2-3 new offers from different firms, and then we will see a bidding war before the vote.

In which case we could very well see north of 20p before December.

Everyone is looking to get into sodium batteries, and AMTE are the first European business to receive UN38.3 transportation testing certification for a sodium-ion cell. The accreditation for its Ultra Safe sodium-ion product marks another important step forward in AMTE Power’s commercialisation plans, allowing it to access global markets.

AMTE have the IP, the factory, the new BoD in place with experience, and a world fast moving to electric.

All the sells are trimmings and profit taking, and still there are buys!

Tells you everything, that their is some hovering happening now.

Fact is, the Pinnicle offer is too low and too many warrants, the BoD know that, however its put at an RNS as a public notice for an offer.

Expect much better offer in the 10p for 150m shares and 50m warrants region.

And even then, its holding time with the company funded to sell for north of 100p in 2024/2025

Counter offer could land next week, and a bidding war

we should be asking for 10p for 150m shares with a 50m warrant for £15m.

Remember that AMTE are the ONLY company with EU safety approval of sodium batteries, IP in place, tech built, and factory ready.

"AMTE Power has become the first European business to receive UN38.3 transportation testing certification for a sodium-ion cell. The accreditation for its Ultra Safe sodium-ion product marks another important step forward in AMTE Power’s commercialisation plans, allowing it to access global markets."