RE: AMTE19 Oct 2023 19:21
My experience is lithium, specifically pouch cells but a bit of 1850 cyclindrical.Automotive cells for non automotive applications.
What do I know?Chemistries are changing rapidly-billions are been spent on it across the globe.Deflation is coming on cost per kWh.There is significant supply already, mainly China.
AMTE has some IP but likely it will be overtaken by events.The factory idea in Dundee was crazy.So their model has to be to licence or JV with existing manufacturers.
Just my view but why make something that doesn’t make any money?Where’s the return on capital?
Beyond the tech, the balance sheet is a shambles .One to avoid but some may make money out of day trading it