RE:RE:None of this makes any sense: Part II
I am a holder and believer in AMY and I too have been wondering for a while why the share price is so low and here is a suggestion, for what it's worth.
You said 'Follow the Money' and I looked at it from that angle.
Here in the UK, EV sales were only about 4% of total car sales in 2017 rising to 4.9% in 2018. Hardly what you would call huge numbers or a huge increase.
In the US, I think the figures are much worse - 1.18% in 2017 rising to 1.75% in 2018. Canada seems to be ahead with EV sales 8% of total new car sales in 2018.
Untill battery distances improve, more charging points appear and EV prices are greatly reduced I don't think the EV sales figures are going to explode upwards. I also read somewhere that EV batteries last 5-7 years, so to get huge amounts of recyclable batteries for AMY, it might be a longer wait than we thought. Enough batteries needed by a successful AMY might not be available short term.
All the claims made by AMY about the many companies being interested might be true, but in this age of 'just in time' and 'last minute ordering', these companies may be interested and impressed by AMY technology, but don't think they'll need it for years - when eventually EV are the majority of sales and the batteries are needing recycled. Why spend money now on AMY and then not need to use it for years - better waiting till it's needed and get it then.
As I said I am a long term holder of AMY and I am only looking for reasons for the low share price in spite of all the good news concerning the pilot plant. The above could explain why, although AMY technology works, there seems little interest from inverstors at the moment - our time will come and I'm ok waiting for it.
I got all the above figures from the Internet, so I hope they are correct. Please feel free to shoot the suggestion or figures down.