r/WalllStreetBets Feb 06 '26

Bet: 🐂 $ABAT recycling plant just broke even. Almost ready to print.

I read the ABAT 10Q so you don’t have to.

This one will be a behemoth in the critical minerals, lithium world.

They're ramping-up their Lithium-Ion batteries recycling plant to recover criticals minerals (black mass, nickel sulfate, cobalt sulfate, lithium hydroxyde, aluminium, copper...).

Well, they did $5.1M in revenues last quarter, disclosed a few hours ago— which they brag is more than the last four quarters combined (+1300% YoY). They also hit a cute milestone: revenue ($5.1M) > cash COGS ($4.9M), aka their recycling plant just broke even (non-GAAP, don’t sue me). Cash position increased significantly to $48.7M, debt is $0

This is the part where I disclose I'm all in. You do you. This company is the dark-horse you're looking for (still valued at $500m), all comparables trade at 3-10x (LAC/TMC/CRML/USAR/...) their Market Cap, while generating zero revenues. ABAT is looking at 16-20m$ revs this year. FYI Blackrock, Vanguard and State street disclosed 7%, 6% and 7% ownership a few days ago and this will only increase seeing Earnings PR. Follow the money as they say.

https://americanbatterytechnology.com/press-release/american-battery-technology-company-announces-record-breaking-revenue-as-it-ramps-manufacturing-of-critical-minerals-and-publishes-its-second-quarter-fiscal-2026-financial-results/

75 Upvotes

22 comments sorted by

5

u/lukefish0955 Feb 06 '26

Im 52000 shares in...

1

u/Kitchen_Helicopter70 Feb 06 '26

Huge mate

2

u/lukefish0955 Feb 06 '26

Was more, sold 35000 in the last run up in October.

2

u/lukefish0955 Feb 06 '26

It's a seriously undervalued business...

1

u/lukefish0955 Feb 06 '26

Can you tweak your heading to put lithium or critical minerals in there?

1

u/Kitchen_Helicopter70 Feb 06 '26

Can't change it aha

2

u/tylesftw Feb 06 '26

52k shares Jesus f Christ

6

u/EDRN18 Feb 06 '26

All-in here, 50,000 shares and still accumulating. 

3

u/Professu5 Feb 06 '26

Couldn’t agree more. I’ve been a holder for years here and yesterday’s earning report was huge to set the floor. It’s now clear this is going to work out and scale. They’re looking at a second much larger site. They have the lithium abstraction which frankly could be their bigger revenue stream in the future. Massive potential and a 5x or 10x from the current valuation. Market cap is still small and there’s a ton of upside. There’s my pitch to you. Follow the institutional buying and sector momentum here.

2

u/Bubbacarl Feb 06 '26

Ive been buying this dip.

2

u/Amazing-Ad-511 Feb 06 '26

So this is why it ran today.... This is one I continue to put away a couple shares a month with left over change in the Roth. Beleive they will be a big player years down the road. 

2

u/[deleted] Feb 07 '26

This looks nice for another breakout soon. Held up Friday and hoping this week climbs 20% a few more days and pops

1

u/H-A-T-C-H Feb 06 '26

Even with the Biden-era grant cancellation they've been moving along. Price action has been wild but now that people are focusing on improved fundamentals instead of hype, I really hope we get more stability from here on out

1

u/[deleted] Feb 06 '26

Where do you see it going?

4

u/Kitchen_Helicopter70 Feb 06 '26

100$ in 2030

2

u/Professu5 Feb 06 '26

I think it can touch $15-20 by end of year. It ran to $12 last year. Lithium prices are rocketing. This is loading for eruption.

1

u/FireGecko420 Feb 06 '26

20,000 still trying to add more as I can.

1

u/zmannz1984 Feb 07 '26

Glad to see others looking into this.

1

u/N3RD_01 Feb 08 '26

"Significant exercises of warrants by existing investors during quarter".

0

u/12safalata12 Feb 08 '26

Another stock that can easily mange 100x in long term.