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Thread: ATC- Altech HPA

  1. #121
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    Quote Originally Posted by JBmurc View Post
    Will certainly be buying back into ATC when funds become available from NKP / IRC getting to fair values ..

    Great long-term BUY here
    Latest news on HPA demand.
    http://media.abnnewswire.net/media/e...ATC_Report.pdf

  2. #122
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    • HPA joins lithium, cobalt, nickel and copper as a recognised key input to lithium-ion batteries

      Thanks Trev. Im not trading or Investing in ATC atp and have no explanation for that. Those 5 key battery ingredients give one a lot of shares to look at and will make a lot of dough if the right stocks are picked.ATC has gotta be in the mix, timing it is the thing. I read about EV's everywhere including commercial EV planes, its happening and thats great for we only have one green world.

  3. #123
    always learning ... BlackPeter's Avatar
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    Something going on? Huge overhang on the buyers side and price slowly creeping upwards. Finance announcement imminent?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  4. #124
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    The Mezzanine Debt Deal might take another 6 months to finalize so by then I expect main construction work to start. I still expect the company to do a small CR before then to start clearing the site in preparation.

    https://stockhead.com.au/resources/a...umina-project/
    Altech Chemicals has inked a non-binding deal for $US60 million ($80.4 million) in new financing to build its high purity alumina (HPA) plant in Malaysia.

    The “stream finance facility” is being provided by a US-based global investment firm with $US4.5 billion under management, the company (ASX:ATC) told investors this morning.

    A stream finance facility provides a cash advance in exchange for a percentage of future gross sales.

    Altech’s share price advanced 6.1 per cent to 17.5c on Friday morning on the back of the news.

    Earlier this year Altech agreed on a $US190 million loan from German government-owned KfW IPEX-Bank to build the HPA plant in Johor, Malaysia — but the release of the funds depends on securing the rest of the costs.

    Altech is also considering a $US90 million mezzanine loan from a global investment bank.

    The company told investors the new US$60 million stream finance facility will need to be “acceptable” to KfW IPEX-Bank and any mezzanine debt provider.

    Altech Chemicals (ASX:ATC) shares advanced over 6 per cent on Friday morning.
    Altech Chemicals (ASX:ATC) shares advanced over 6 per cent on Friday morning.
    Misunderstood market

    HPA is not a widely understood commodity and there are currently only about four ASX-listed players.

    HPA is a high-value material needed for lithium ion battery components and synthetic sapphire used in LED lights, semiconductor wafers and scratch-resistant smartphone glass.

    High purity alumina is used in the separator of a battery to make the chemistry more stable.
    One of the most highly valued substances among ASX investors… High Purity Alumina. Pic: Getty
    It is currently a small global market of about 25,000 tonnes annually.

    But that is tipped to grow to around 48,000 tonnes by 2025 and 86,000 tonnes by 2030.

    Altech is the most advanced player after earlier this month received the manufacturing licence it needs for its 4500-tonne-per-annum HPA plant.

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    Still what, 5 years before ATC is really making profits, thats so far away.

  7. #127
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    Quote Originally Posted by Joshuatree View Post
    Still what, 5 years before ATC is really making profits, thats so far away.
    But gives traders heaps of opportunity with a pot of gold at end of the rainbow

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    Quote Originally Posted by Joshuatree View Post
    Still what, 5 years before ATC is really making profits, thats so far away.
    If we believe HDA forecast figures we would need several plants to fulfill that need. Some banks and financiers obviously trust those figures so they are willing to provide attractive term sheets to first movers.

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    Scroll down to chart, a few years orphaned and going nowhere maybe, until production.
    url

  10. #130
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    Quote Originally Posted by Joshuatree View Post
    Still what, 5 years before ATC is really making profits, thats so far away.
    That's why I sold awhile ago as I wanted funds in my short term plays >> with the plan to put some of the profits into ATC shares for a LONG term HOLD will certainly increase in value as the time goes by ..and could well be takenover at any stage ..
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

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