Dec. 22 at 11:38 PM
$ABAT These are the type of deals I expect ABAT to execute if their goal of financing the second recycling facility is to be met. Another couple of years of dilution will decimate the bull thesis and will severely limit upside while also taking massive opportunity cost.
ABAT needs to start leveraging their foothold in the industry, and needs to finalize and execute offtake agreements with equity investments from their “partners”. This will both validate their recycling operations past all uncertainty and will legitimize ABAT beyond the self prescribed accolades. Watching management teams like
$TE,
$ABX and
$CGEH have significantly changed the way I view management teams, and has reiterated my viewpoint that ABAT has a horrendous management & BOD, which do the bare minimum for their shareholders.
The longer that this issue is to continue the further along other companies in LIB ♻️ will get
https://x.com/t1_energy/status/2003088138810339741?s=46&t=4twXbsqkCPys81Zbw2Ov1Q
