American Battery Materials Inc (BLTH)

[SarPas]

I spent some time reading all the posts in this board and DDing around. I found a few interesting things.

I started looking for Patrick Avery, or Pat Avery as he is mostly mentionned over the net. Well, he has a Linkedin page (link) and it seemed strange to me that the company's list he worked for was totally different from the list used for the PR BOXS put out. No ARCO, no Santa Fe Pacific Pipelines, no JR Simplot and not even Intrepid Potash on Linkedin while these positions are highlighted in the PR. On the other hand, no Fertoz, no LDR Solution and no MGX Minerals in the PR even though Pat Avery is currently Exec. Chairman and Board member of Fertoz. Strange...

What is Fertoz? Fertoz is an organic fertilizer supplier and developer based out of Australia. Fertoz provides certified organic products throughout Australia and North America. Company's focus is on the increasing demand for direct application phosphate rock that is crucial to food growth. Fertoz strives to be a top organic manufacturer, supplying the growing organic agricultural markets. Fertoz trades on ASX, major Australian exchange at 0.44AUD (from 0.043 one year ago, yes x10 in a year).

At this point, I started wondering how Fertoz could connect with BOXS PR and potentially be our merger company. Remember what was written : we found that there is a substantial long-term demand for specific commodities relating to the battery and new energy technology sector that present a current and unique opportunity based on rising demand characteristics. By capitalizing on market trends and current sustainable energy government mandates and ESG initiatives, we will focus on bringing a vertically integrated solution to market.

One thing is certain, Fertoz is making "strategic partnerships, JVs, and acquisition opportunities" with North-American companies like EarthRenew (read here), Progressive Planet Solutions read here and a few others (read here). Fertoz is also capitalizing on market trends and current sustainable energy government mandates and ESG initiatives producing organic fertilizers and the formation of Fertoz Carbon to focus on carbon sequestration, consulting, activities, trading and implementation of carbon strategies using Fertoz organic fertilizers.

But what about these "specific commodities relating to the battery "? I couldn't find, I started thinking that maybe they found a lithium mine while looking for phosphate but that didn't make sense. Maybe Pat wanted to bring MGX Minerals public but MXG is already trading on OTC markets. SO what...? Well, have you heard of LFP batteries? According to Wikipedia, it is a type of lithium-ion battery using lithium iron phosphate (LiFePO4) as the cathode material, and a graphitic carbon electrode with a metallic backing as the anode. The energy density of LiFePO is lower than that of lithium cobalt oxide, and also has a lower operating voltage. The main drawback of LiFePO is its low electrical conductivity. Therefore, all the LiFePO cathodes under consideration are actually LiFePO 4/C (composite made with Carbon). Because of low cost, low toxicity, well-defined performance, long-term stability, etc. LiFePO is finding a number of roles in vehicle use, utility scale stationary applications, and backup power. LFP batteries are cobalt-free.

Now it's getting interesting because, as explained here, High-grade phosphate rock is used in the production of fertilisers and feed additives, and also in the treatment of water and metals, the manufacturing of detergents and toothpaste, the processing of meat products, cheeses and drinks in the food industry, as well as in the production of batteries for electric vehicles.. Guess who already uses LFP batteries? TESLA! In this article, Musk says that the general intention is to offer LFP-based equivalent cars. Also, as demand for the Tesla Model 3 SR+ is high and the estimated delivery time for new orders extended to January 2022, the company contacted some of the reservation holders and proposed them the LFP option that might be ready "as early as September".. Here is a videoto understand the differences between Lithium-Lon and LFP batteries.

Back to our stock, here are a few boxes we can now check :
V - substantial long-term demand for specific commodities relating to the battery
V - new energy technology sector that present a current and unique opportunity based on rising demand characteristics
V - capitalizing on market trends and current sustainable energy government mandates and ESG initiatives
V - leverage our professional network to find, evaluate and advance top natural resource projects
V - identify strategic partnerships, JVs, and acquisition opportunities.

I am not saying Fertoz will be our merger buuuuuuut... It could really be. If it happens to be it, we own shares with really high potential as the demand for LFP batteries as well as organic fertilizers is increasing every where and in very different industries.

Thoughts?