Member Info for Latino

They won’t let you buy big chunks, this is a steal at current price. Thank me next week!

Probably just letting their city mates in!

Surprised money robbing MMs…still letting me buy under 1.7p…now that’s generosity for change!

Now you don’t see many of these on AIM these days…major re-rate on the cards..

Current SP is a steal if they let you buy…a major II Just payed 1.7p for these !

Proper II here and will find a buyer….superb RNS!

The RNS has been reworded for the bridge financier, now is says ‘Equity Investor’ who from previous RNS has to be the £2.5M Investor. If correct this is surely positive, cos they are literally financing themselves to further investment…

No as per post, they’ve now changed the wording…ie they appear in talks now with the same ‘Equity Investor’ for the bridge loan unswell. Would make sense and no conflict with 3rd party bridge lender.

May have misread this, but according to this para…it’s the same ‘Equity Investor’ who they are also in talks for bridge finance??

Further to its announcement (the "Announcement") on 10 November 2023, AMTE Power Plc (AIM: AMTE) ("AMTE Power", the "Company" or, together with its subsidiary undertakings, the "Group"), a leading developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, announces that it continues to progress, but has yet to conclude, the discussions referred to in that Announcement, which relate to an equity placement and a convertible loan note with the Equity Investor as described therein.

Yep still not able to secure a bridge loan…this was meant to be the easy bit!

Read latte part of this para from RNS, now if there wasn’t a chance of agreement with suppliers / cash preservations they wouldn’t have mentioned it including Q1 end funding?

As of 10 November 2023, the Araguaia Project had total liquidity sources of US$169 million comprised of US$131 million undrawn on the Senior Debt Facility ( subject to satisfying drawdown conditions ) and a cash position of US$38 million which should provide sufficient working capital to around mid-December 2023 unless there are positive outcomes from conversations with suppliers, other cash preserving measures, or other financing solutions, which if successful should provide sufficient working capital until late Q1 24 .

Spot on they what some 60% construction complete, 100s of £Ms already invested and spent, they are sunk too deep into this, bailing out now simply makes little to no sense!

Especially when you consider its so close to being built…with proven high grade resource and mining life of whole 28 YEARS minimum - extraordinary cash cow!

Not quite…

1. We are running out of money in a month - NOT QUITE AS THEY HAVE ALSO SAID BELOW MEANING POTENTIALLY FUNDING UNTIL Q1 END, THERE IS A CAVEAT BUT NO REASON WHY SUPPLIERS WILL NOT AGREE TO THIS AS ITS SUCH A SIGNIFICANT PROJECT AND CASH COW FOR THEM.

‘..unless there are positive outcomes from conversations with suppliers, other cash preserving measures, or other financing solutions, which if successful should provide sufficient working capital until late Q1 24 .’

2. It's still a valuable asset with a lot of money spent and nearly ready to go - AGREED

3. Diligence is not complete and is proceeding at a leisurely pace not matched by point 1. - FUNDING POTENTIALLY UNTIL Q1 END WHICH COINCIDES WITH FUNDING SOLUTION.

4. Come and buy us, bargains to be had.

Best ending here for anyone still in is a bid for the company. Right now O and LM would take an offer to recover pennies on the pound rather than be wiped out. Glen would find it cheapest, Vale would be most ironic, Anglo American might like a go too.

There may be a bid. Or more than one. Or none at all. It is the best last hope though.

Glencore know the value of this hugh asset, otherwise they wouldn’t have taken the significant stake it currently has…

Agree Glencore major shareholder here is a big reason why I think this will survive, and the other investors know that…gla

Rapid drop / tree shakes, to force out weak holders and traders. Will be demanding premium buys now..

Well said..some really sad people on these boards these days…wasn’t this bad before!

Mainly cos of poor admin from LSE.

All over…looks like rocket lit for afternoon?

Nope but this news was known to many not confirmed so SP falling already over past few weeks.

False..it’s 23…keep it real!