ATC 6.67% 4.0¢ altech batteries ltd

Ann: German Equity Strategy Update - Altech Advanced Materials, page-15

  1. 1,054 Posts.
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    Agree.
    In the short term, I'm waiting for the next Quarterly Activities and Cashflow Report to be released.
    If there hasn't been a CR announced prior to the 31st, the Quarterly will give a good indication as to whether one will occur before the AMM raise is completed.
    They are running low on cash mainly because of the $2m not received from Melewar but may have enough to last until the end of Q2.
    Will be interested to see what their estimated cash outflows will be for Q2 and if further plant construction payments are included.
 
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