ATC 1.79% 5.5¢ altech batteries ltd

Ann: Altech launches German language web site, page-72

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  1. 132 Posts.
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    • Altech expects to fund the development of the HPA project using a simple, sole lender, non-dilutive funding structure with one of Europe’s leading international project and export finance banks

    The Libor is 2 to 3% so cheap financing - will be a commercial loan also. An additional $500 tpa @$23k per tonne also adds another $11.5m (US) to the revenue ($103.5m at full capacity)- and as someone stated the Lithium portion of the 4,500 tpa would probably have better margins- looks very good to me. DYOR.
 
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