ATC 2.94% 7.0¢ altech batteries ltd

Its possible with the expanded cases delivering plus $100M cash...

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    Its possible with the expanded cases delivering plus $100M cash flow, and with no escalation in price, at least on paper. The expanded case should not involve additional equity, you would expect them to be able to cover additional capex via other methods provided production is running smoothly. Lot of work to do before that though.

    The market has not jumped on it imo due to the likely equity raising, perhaps some risk about processing offshore. I wonder if they would be better placed to sell some of the project now for funding, somewhat similar to ORE and others.
 
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