Australia's largest stock trading and investment forum Australia's #1 stock forum

ATC

2.27%

4.3¢ altech batteries ltd

ATC Chart, page-72

First 72 Last

Share
Profile

Follow
jgroenheide

993 Posts.

72

01/12/17

18:43

Post #: 29303465
Share

Originally posted by arsenic ↑

I went to the AGM yesterday. Very few s/h there.
My only comments are.
Iggy (and Shane) was in London for the mines and money conference but did the presentation.
I asked him point blank if he was confident with the raising and where it was it gong to come from Aust. or UK.
He said yes. Mainly from Asia in Big ( $20 M) Licks.
The money men (my paraphrase) are surprised KfW are providing the debt and that makes them sufficiently confident.
Yes he'll make sure there is some for retail investors probably by rights issue. he wants to keep enough retail S/h to provide the liquidity.
Its' going to take up six months to get the equity because to the money men are new to the metal Its not like well known gold. Aslo the markets can be up and down shut or stratopsheric and six moths give him some play.
Hoping for less dilution form a jump post Kfw loan . FYI-That 14th Dec. is nominal. They will make a decision then may get-out to market a week later.

I assume today's jump is allied to these comments and my delay in posting is I had to chase it up a little in the bit more I bought today.

All the rest you guys are pretty much across except the main cost blow out was going form alumina powder to powder ground to <1 um (micron) then smelted into bead s at 1600 deg c.

(Jagroenhide, I hope this assuages my 'dickhead' behavior previously. It appears I need to be serious rather than have fun.)
Cheers teammates.

Expand

You are forgiven.

Thanks for the update!

ATC Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

What's causing the cost-of-living crisis, and how to navigate it

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t