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ATC - Altech Batteries

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Sean K said:
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Stumbled across the company and found it really interesting- thought this was a good overview of the company:

Uncovered: Altech Batteries (ASX: ATC) - General

Energy storage is one of the biggest challenges of our transition to a net zero electricity grid. These days, there are plenty of options to generate electricity - solar, wind, hydro - but far fewer options to store electricity. Storage is important because it can change renewable energy from...
equitymates.com
 
DrBourse said:
ATC is approaching point "F" as predicted back on 18/7/23 - Point "?" may prove to be a step too far - time will tell.....
View attachment 161610
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Late 2022 I predicted that ATC would hit points A, B & C, and on 18/7/23 I predicted that ATC would hit points D, E, F & Maybe the ?, just hit $0.60c earlier today 14/12/23, So now the Q is "what abt point ?"... It's all just taken a few months longer to get to the $0.60c level, remember "timing" is always a prob when conducting TA....

Crawling back into The Cave now...
Cheers
 

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6.4c ... been an uninspiring year; and now for the hard part.
.
Highlights
• Highly positive Definitive Feasibility Study - 8,000tpa Silumina AnodesTM project
• 8,000 tpa alumina-coated metallurgical silicon only
• Customers to blend coated silicon (10%) with their uncoated graphite source
• Means expansion from 15 gigawatt-hours to 120 gigawatt-hours
• Increase of battery energy density by at least 30%
• Capital cost estimated at €112 million with outstanding economics
• Pre-tax Net Present Value (NPV10) of €684 million
• Attractive Internal Rate of Return of 34%
• Payback period is 2.4 years
• Forecast 18% CAGR growth of silicon in battery anodes till 2035
• Green accredited project using renewable energy
• Pilot plant construction in final stages for product qualification
• NDAs executed with two German automakers, two US automakers, one US battery materials supply company and one European battery maker
 
Sean K said:
Something fishy going on here.
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ASX onto it (ha) ...

1. The Company is not aware of any information concerning it that has not been announced to the market which, if known by some of the market, could explain the recent trading in its securities.
2. Not applicable.
3. The Company is aware of a positive research report commissioned by Altech and issued by East Coast Research on 15 February 2024.
4. The Company confirms that it is complying with the Listing Rules and, in particular, Listing Rule 3.1.
5. The Company confirms that these responses have been authorised by the Managing Director and approved under its published continuous disclosure policy.
 

I suppose when you pay for a report you do expect it to be a bit rampy. Would be handy to know that these things were commissioned prior to them being released. I'm sure family and friends had no idea.
 
After being away on Holidays for the past month, I just noticed that ATC hit all of my call points, A, B, C, D, E, F & ?, on its way down from its High of $0.13c to my "?" low call of $0.050c...

Now I need to locate, and highlight the next Dud....
 
a DFS ✔, a FID

where's our share?
the grid storage market is expected to experience a 28% compound annual growth rate in the coming decades, from $6.39 billion in 2022 to $21.9 billion by 2027. This equates to around 20 gigawatts in 2020 to over 3000GW by 2050
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$0.07
 
I look at a company like this and just dont understand why its allowed to be listed, and why anyone would own shares in such an uninvestible business, its never had any revenue, never made a profit, never had positive operating cash flow, share count has grown 10x in 10 years, now has debt as well. What would possess anyone to consider buying shares in a company that had absolutely not one single positive metric??!!
 
night follows day

TH pending the release of an announcement in relation to a capital raising.
 
Highlights
• Binding Commitments to raise $4 million
• Placement oversubscribed
• Issue price of $0.06 per share, a 50% premium to recent Entitlements Issue on 7 August 2024
• Funds will be used to further progress the CERENERGY® and Silumina AnodesTM Projects
 
2 September 2025

ALTECH – CERENERGY® BATTERY
PRELIMINARY €46.7M GERMAN GOVERNMENT GRANT APPROVAL

Highlights

• Altech Batteries GmbH’s CERENERGY® battery project has been approved by Germany’s Ministry of Economic Affairs and Energy as eligible for Grant receipt under the “STARK”(1) economic development program
• Altech Batteries GmbH’s CERENERGY® battery project passed the second stage of Government approval for a 30% CAPEX grant in the amount of 46.7 million Euro
• The grant approval is not yet final and conditional and subject to overall financial close and the availability of funds to be approved by the German parliament as part of the 2026 Government Budget


Could see an "appreciable" rise in the share price today off the back of that announcement.
It translates to around $83+ million AUD, which is around 1.25 x current market cap of $66 million.
Chart looks like it was waiting for a catalyst, but note the last dot point, bolded for your attention, which contradicts the headline announcement.

 
It opened ok, but hasn't gone on with it yet.
Could be a fizzer.
Perhaps the market is worried about where the other 70% of Capex will come from, and at what price.
 
Last edited:
countrylad said:
ATC has technology I want so badly to succeed.
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Altech’s CERENERGY® battery prototypes show long life, high efficiency and safety

Altech Batteries (ASX:ATC) announced breakthrough results from its CERENERGY® sodium nickel chloride battery prototypes, achieving over 650 cycles with no capacity loss, nearly 100% Coulombic efficiency, and up to 92% energy efficiency, outperforming many rival technologies.

Abuse tests confirmed intrinsic safety under extreme conditions, avoiding risks common in lithium-ion chemistries. Its 60 kWh ABS60 pack prototype delivered ~88% round-trip efficiency across 110+ cycles without degradation.

These results support Altech’s plans to scale production in Germany and highlight its competitive position in stationary grid and renewable energy storage
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$0.034
 
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