I think ABML is under valued. It should be trading in my opinion up to $.50. Why? They have a recycle process that works and no one is doing or will be able to do at this time. Once they scale up it means a whole new chapter in Lithium battery recycling and Lithium battery production.
ABML has a solid plan and IMO is working it extremely well. Yes, they miss timelines, change building plans, and had funding issues. These are not alway bad things. That’s the thing about working the plan. It helps make the company make better decisions, know when to slowdown in order to make sure they are doing the right thing. We should be giving this company great credit for not going down the wrong path in the interest of a timelines or getting finances just because some entity offers what they need but not in the best interest of shareholders. This is a long term play stock... buy and hold.
Remember, we mostly see the dollar and cents of what they are doing. ABML has to look at the nuts and bolts to make the dollars and cents work. I like the idea they are not afraid to look bad in the eyes of shareholders to make a better long term decision. I am willing to wait if it means a better solid return.
Sometimes no new is good news. Furthermore, I believe ABML has to be carful on what they share... that also goes for the details of what they are doing. Sometimes too much news and too much transparency at their stage in development can be disastrous. Too many entities, foreign and domestic would like to steal ABML’s technology. Lithium based batteries are becoming a highly competitive market and everyone is trying to be on top.
I look forward to when they complete their first mountain climb and plant the ABML flag on top. Then they will have made indisputable history in the lithium battery, EV, and electronics world.
Strong buy IMO! When financing is complete and the first shovel is pushed into the ground to start construction on the building, the share price will climb quickly. Many are waiting on the sidelines for this to happen. Don’t wait.
TY, SGT
