ATC 1.92% 5.1¢ altech batteries ltd

Ann: Altech - Silumina Anodes Project Update, page-5

  1. 596 Posts.
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    I am a LTH and have backed ATC significantly being a T20 at one of the earlier capital raises, I was unable to participate in the most recent.
    It has been a long road and I have lost some/ much confidence in securing a positive outcome for ATC.

    However, should they succeed they "may" have a product / income stream that is significantly easier to expand and increase exponentially. The potential for growing the company (It could be a step change for the positive).
    This contrasts to our HPA project in Malaysia (which has all but stalled.....) which will only ever able to produce x T/year sold at $x, i.e a relatively fixed earner.

    The opportunity for the coating technology has only resulted due to the previous experience and expertise in HPA. After recognising an opportunity ATC has significantly adjusted... will they get it across the line I certainly hope so.

    While recently in Germany, I made the effort to travel through Saxony and visit the site.... I now have an appreciation for the location. I had communication with Iggy and CB the project leader to arrange a visit and meeting, however this did not eventuate and a walk around the buildings was all that was possible.

    Regarding this announcement It is extremely important to have support from government and major players, will it help prove up the tech and begin to commercialise it ... I dont know?? Will it help open doors improve networks and communications??

    During my visit to 15 Countries over 2 1/2 months, I was observing the uptake of EV. It has hardly scratched the surface and is still very early in the adoption phase.

    Obviously Europe has some significant issues, the Euro may or may not survive, Russia / Ukraine energy supplies etc etc. However I back the people of Europe.... we/they may have some Geo political issues to get over.....basically they/we have to.

    Good luck to all... unfortunately yes I do think there needs to be an element of it.
 
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