RE: Look beyond the price18 Nov 2023 11:43
So much more once you look into the business. Any buyer is going to snap this up. Potential for expansion and revenues is enormous, especially with Goverment funding in most countries. A number of revenues streams, plus the IP can be shares in additional JV’s in the UK, and Australia. Current Market cap of £2m is a steal, once you look where we are today. On the cusp...
UK Business and Products Pipelines:
-ULTRA PRIME CELLS revenues in excess of £240m expected
0.5gwt = £200m turnover.
AMTE Power ambition to expand to10Gwatt- 5 GIGAFactories
-ULTRA HIGH POWER CELLS - reveues
-ULTRA SAFE CELLS - revenues
-ULTRA STORAGE CELLS - revenues
-Australian JV - near manufacturing 200,000 battery cells - additional revenues for AMTE
(home of raw materials site) deal with raw materials and sharing IP.
—————
June2022- ultra highpower cells (UHP) to supply HGV’s
Battery producer AMTE Power signed a MOU with powertrain developer Viritech to support the development of hydrogen fuel cell electric vehicles (FCEVs). The agreement will see AMTE Power’s Ultra High Power (UHP) cells supplied for use in Viritech’s battery packs for high performance FCEV projects, including heavy goods vehicles (HGVs), light commercial vehicles, marine, aerospace and its hypercar project, Apricale.
Many others agreements.
This is easily a £800m company in the making, real innovative differentiated products, real impact on industry and number of sectors and impact on GOVT zero net challenge.