Member Info for Quant

I am noting that there was a buy for 1,861,212 AMTE PLC Ordinary shares for 1.07p at 16:04:38 today. This was at the height of the de-ramping attempts on this board. This will be included in a report that I am producing, which I may submit to the SEC, dependant upon certain unspecified future activity occurring.

GLA

Pinnacle is a smokescreen Clarkey1880, as I explained earlier.

Trillion Dollar + US Private Equity fund "GEN II' (and their multinational client) are the group behind Pinnacle.

I am sharing this with lths so that there is a level playing field here as dark arts are being practiced (It appears that there are professional de-rampers active here).

GEN II https://gen2fund.com/

GLA

Triton71. All of your posts are on AMTE, all since 17 November. All deramping. Are you insinuating something?

Adding more, got caught out whilst driving lol. GLA

Ver interesting development. The timing would be perfect Dunk_Biscuit, especially with a trillion + dollar US Private Equity fund and their multinational client behind Pinnacle now.

Are they shorting HE1 STOCKALCHEMIST? Been on my watchlist for a short, I will take a look, least I can do.

Triton71 - Only ever 22 posts on LSE since Nov 17th, all on the AMTE board, all de-ramping AMTE.

Care to share with us who you work for?

btw I am not FTH and do not appreciate being insulted.

Incentivise EV battery supply chain investment to prevent decline of the UK car industry, say MPs

https://www.wired-gov.net/wg/news.nsf/articles/incentivise+ev+battery+supply+chain+investment+to+prevent+decline+of+the+uk+car+industry+say+mps+22112023122500?open

Jeremy Hunt pledges massive £2billion investment to boost British electric car industry

He said there would be investments into “strategic manufacturing sectors” including £2billion for zero emission investments in the automotive sector.

https://www.gbnews.com/lifestyle/cars/jeremy-hunt-funding-boost-electric-car-industry-budget

AMTE Factory is in Thurso last time I looked. There may be another coming in Dundee.

https://amtepower.com/about-us/

Domestic EV manufacturing faces roadblock due to ‘gigafactory gap’, MPs warn

MPs have called on the government to “urgently create” an attractive environment for electric vehicle (EV) battery production in the UK or risk falling behind competitors.

The UK faces a huge “gigafactory gap”, with less battery production capacity than needed for the nation’s future needs, according to a report from the cross-party Business and Trade Select Committee. If the gap is not plugged, the committee says, automotive production in the UK could decline, putting hundreds of thousands of jobs at risk.

https://eandt.theiet.org/content/articles/2023/11/domestic-ev-manufacturing-faces-roadblock-due-to-gigafactory-gap-mps-warn/

Domestic EV manufacturing faces roadblock due to ‘gigafactory gap’, MPs warn

MPs have called on the government to “urgently create” an attractive environment for electric vehicle (EV) battery production in the UK or risk falling behind competitors.

The UK faces a huge “gigafactory gap”, with less battery production capacity than needed for the nation’s future needs, according to a report from the cross-party Business and Trade Select Committee. If the gap is not plugged, the committee says, automotive production in the UK could decline, putting hundreds of thousands of jobs at risk.

https://eandt.theiet.org/content/articles/2023/11/domestic-ev-manufacturing-faces-roadblock-due-to-gigafactory-gap-mps-warn/

Also from the document:- Creating skilled staff in the EV sector is a vitally important consideration for British jobs and the UK's future in this space:-

75. Access to a skilled and productive workforce is a major factor for businesses in choosing where to locate. The electrification of the automotive industry will require a substantial shift in skills.254 Thousands of jobs in gigafactories and the wider battery supply chain are likely to be needed by 2030. The UK faces skills gaps across the battery supply chain. However, the UK Battery Industrialisation Centre told us that the “same is true across Europe generally where this industry is growing from the ground up.”255 There is, however, plenty of scope to upskill and reskill employees in the automotive sector and other industries to perform roles in the battery supply chain.256 Some firms have already made progress on this front. AMTE, a battery manufacturer based in Scotland, has worked to upskill staff from a decommissioned nuclear power station in Dounreay.257 The Faraday Battery Challenge is looking to address gaps in the training provision for the battery sector.258 The Faraday Institution told us that:

Comprehensive training programmes in dedicated centres will need to be offered in regions where battery production is most likely to be cited, noting that skills shortages may be more acute in certain UK regions such as the North East.

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

Batteries for electric vehicle manufacturing government white paper published yesterday - AMTE gets many mentions in this briefing. It is a long read but well worth it for investors:-

Pipeline of gigafactories in the UK

18. The UK only has one gigafactory in operation today, run by Envision AESC, a

Chinese company, near Nissan’s plant in Sunderland.63 More gigafactories are in the pipeline, albeit at different stages of development. However, without further investment the UK faces a significant shortfall of battery manufacturing capacity by 2030 to satisfy increasing demand from the UK’s car industry and other sectors, such as energy storage.64

Envision AESC is building another larger gigafactory in Sunderland to supply batteries for Nissan’s successor model to its Leaf car. Production is due to begin in 2024.65 The gigafactory will have an initial capacity of 12GWh. There is scope to expand the site. Nissan is in discussion with the Government about allocating its manufacturing of two new electric vehicle models to the UK.66 See Box 3 for more information.

The Tata Group plans to build a gigafactory in the UK to supply batteries to Jaguar Land Rover. That gigafactory will have an initial capacity of 40GWh and is due to begin production in 2026 (See Box 2).

Recharge Industries, the new owners of Britishvolt, is reportedly still seeking to secure investment and access to Britishvolt’s gigafactory site near Blyth in Northumberland.67 This site has planning permission for a 38 GWh gigafactory.68

AMTE, a battery manufacturer, has plans to build a 0.5GWh gigafactory by 2026.

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

The Fat Cat is a popular meeting place for Norfolks villains FTH, been there myself many moons ago. Don't try the Pumpkin and Carrot pie though, it is vile but a fave of my mrs sadly!

As we all discussed last night, there are three potential routes to business success for AMTE - potentially including the EV Battery Gigafactory :-

1) UK Government grants are to be provided to the EV sector which is expected (according to reports) to be mentioned in todaysAutumn Statement.

2) The potential for counter-offers to be made against the original Pinnacle offer, once those UK Government grants are known.

3) The "fallback' option of the Pinnacle deal which, I believe, has a large multinational behind it.

Great post by superda last night:-

House of Commons Committee report, with recommendations to government. The Government has two months to respond. AMTE was part of the consultation and you can see AMTE’s response.

Check the link -

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

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

Not unthinkable given a little time imo. Check the charts, the SP hung around 10p for quite a while and back in June this year it was over 50p. The top before that was over £3. Market cap is still only £1.7m, 166m shares in issue unless more are authorised at the GM on Dec 4th.

I do not think folk realise how undervalued this stock is, with a hint of good news it could recover as fast as it has dropped. It is a recovery play after all is said and done. Imagine if a major wants a piece of AMTE.

I think that what many are missing here are the three potential routes to business success -potentially including the EV Battery Gigafactory back at the top of the agenda:-

1) UK Government grants are to be provided to the EV sector which is expected (according to reports) to be mentioned in tomorrows Autumn Statement.

2) The potential for counter-offers to be made against the original Pinnacle offer, once those UK Government grants are known.

3) The "fallback' option of the Pinnacle deal which, I believe, has a large multinational behind it.