Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
So EVs powered by sodium batteries has just launched and is due for distribution next month. The new EVs have battery weight density of 120 while DGI enhanced sodium batteries at 200 compared to Tesla model 3 lithium batteries at 260. So hopefully some car companies would start using DGI batteries as BYD sodium batteries also use 120 density.
https://youtu.be/V3qD6lhpre0?si=O9NXWZHywsXiaNxa
So we're all here early in the game, thinking that a cheaper and safer battery is the goal for an EV. We could have launched it earlier but we're competing against people who were already invested in lithium. To cause a shift can't be easy but it's taken place and it should have been us and we're early investors. Hopefully Pinnacle should have priority repurchase of shares at current price from all retailers and create a new price for the new investors. No more shares on the old price on resumption of trade.
https://innovation-village.com/china-to-introduce-the-first-ev-with-a-lithium-free-sodium-battery-in-january/
DG Innovate brags about employing mostly PhDs in engineering and chemistry. Most of its 10B shares is controlled by the BOD and probably 1B circulating in public. If Patronus will repurchase dumped shares, it will protect share value and create scarcity which can result to an easy fundraise and a public yet nearly private company. So Patronus plays a major role early in this game and so they will be continuously. Remember Ford allocated 10B£ of their revenue in repurchasing shares rather than distributing dividends. Hopefully Patronus will do their job early creating a nearly private company. Hopefully one day Tesla buys their batteries instead of CATL.
Best fundraiser is for Patronus to buy the dumps and this will be the next best thing for a private company for cheap.
Delf
Hoping for a reverse takeover which will get this to the main market. If such takes place then Pinnacle would control 200M shares and 50M left for supply and demand. Indeed Pinnacle claims that it's a PIF in Saudi which has invested lots on lithium batteries. But safe and affordable EVs are better achieved with AMTE made chemistries. We have read the news today, road tax is going up again and more LEZ. But then summer is going to make lithium powered EVs a possible cause of worries as overheating can make them catch fire. The Chinese has actually kept secret the many numbers of lithium powered EVs catching fires until that YouTuber viking has exposed it. Hopefully we still have Pinnacle as we're low market cap ready for a buyout. We can't underestimate sodium as on its own, a tiny bit can explode perhaps even more than hydrogen would but in a compound this power should be perfect for our desired purpose. DYOR.
The comments end when the most delusional and outrageous BS has been made.
Hey Truth
Maybe some people see what's beyond page 1. You may have the smarts, but you don't know everything.
That's what happens when you only read the first page.
I think what the geniuses that are not invested would want to know actually is what happens to the shares. They want us to be erased and that the company starts anew like we didn't happen here.
I think they've timed it at this moment because of FOMO on DGI. AMTE has already the ability to start mass production but we're still taking our chances on an already available big client that such exist. I don't think business should behave as Scarlet suggested, perhaps watching too much Hollywood.
Joe
If it should be part of due diligence then such things must be carried out. They should have a strong interest in the business to act like that. What are the chances of an international business aiming to neutralise China's dominance that they should behave as Scarlet proposes? Even Elon now gives it to China's EV dominance and they're way ahead.
https://fortune.com/asia/2023/12/28/china-xiaomi-electric-vehicles-su7-unveiled-elon-musk-prediction-chinese-ev-makers/
We've definitely lost to the Chinese.
https://fortune.com/asia/2023/12/28/china-xiaomi-electric-vehicles-su7-unveiled-elon-musk-prediction-chinese-ev-makers/
It must be that the recent change in the composition of the board and the "resignation" of one even this suspension of its operation could be the results of pinnacle due diligence enquiries. The company is placed under a newly created branch of pinnacle which would result into a more thorough analysis of how this buyout could possibly benefit their business as well. Taking over a bunch of losers needs extreme diligence in analysing everything and making them happen before proper business should start.
Lithium fires occur mostly on overheating this likely caution should be made in hot summer days. This should make sodium batteries more ideal for places where harsh hot weather conditions are mostly throughout the year esp in deserts. The Chinese has shown us how EV batteries can be substituted just like changing batteries in phones. Hydrogen powered cars explode a lot more powerful than lithium battery which ideally should have a cryostat fitted to cool it down. One should not underestimate sodium as it can be very powerful as sodium metal but with the right mixture as DGI enhanced battery technology that it should be the safest esp hot weathers. So hopefully they can mass produce them early and fitted in volumes even a modified car if they can't close deals with car makers. Sodium batteries is the only way for a cheaper and safer EV for everyone.
Sometimes you can't believe xrp shxtcoins can sell at currently £.45 only by BS powering it. They also have 10B shxts in circulation. Something so important that can make cheaper and safer EV batteries can't even make it to £.10. We've been plagued by incompetence for so long, sitting in comfortable offices and just eating pizza all day. At least we have a Wharton guy that hopefully knows how to run a business.
Perhaps one of the reasons the middle east would want sodium batteries is that lithium batteries chance of exploding is high in high temperatures. The fire it creates are more difficult to put out and even uses salt fire extinguishers as a recommended means instead of water. So perhaps in the summers here, one should be very careful using those lithium powered EVs like that all electric buses they have now which I presume they'd use all day.
https://theconversation.com/what-causes-lithium-ion-battery-fires-why-are-they-so-intense-and-how-should-they-be-fought-an-expert-explains-214470
Even Elon agrees that shorters destroy business that perhaps lead to Ford allocating £10B to buyback shares. This should be what PIF should do to protect share value and build investor confidence that is to buy the dumps and create scarcity even until revenues are started to be realized. If crypto like Eth has done it with FOMO alone, how much more for something of value? If this was a business of shorters here, those useless BOD would have all been long gone. Shameless basterds.
This will create more interest if instead of .35p will go 35p with FOMO alone. If crypto have done it perhaps this also can. All depends on the vigilance of our friends in Patronus, buy the dumps and create scarcity plus a good RNS from the BOD.
I don't think many can actually afford to pay for a car more than 10k on top of additional maintenance costs except for short sellers here that perhaps use other people's money for a quick gain. The Chinese is already way ahead of the game and even changes batteries as though one change batteries in a cellphone. AMTE has only around probably 250M shares and Tesla 3B also BYD 3B shares. Hence I am hopeful that Pinnacle as Joe looked at it is most likely still in this game with which they originally signified their intent that original shares they won't have interest with. Of the 250M shares, I own 1M so it's obvious I am hoping for the utmost best that the Saudis will be the answer to our aspirations for a cheap and safer battery world all over. This could potentially be the next Aramco.
For pinnacle to be shariah compliant, I don't think they would have lied in what they declared so far. I don't think they would underprice nor involve themselves in a small business when the intent was big.