u/Rolling_in_the_Dip

Mean while price languishes near 52 week low

Thank you Korean Zeus….

The site build no longer looks to be in its infancy and there seems to be significant progress with installation of components and concrete pours.

Based on everything progressing on track with demand increasing and further funding on track to be unlocked in Q4 not sure why this stock has been beaten down to around 50 cents… other than shorts

Thanks Japan, 🇯🇵 😭😭😭

A month ago bell potter published a research not with a $1.50 price target on alpha hPa specifically mentioning semiconductor thermal filler applications in South Korea and Japan. Given that letters of intent exceed stage 2 capacity, and the company is fully funded, the share price is about 1/3 of Bell Potters target in a month. Given companies like SK Hynix have raised $26 billion recently listing on the Nasdaq and Samsung is also looking towards a US IPO how long can bell potters price target seem a distant goal 🧐

This is Alpha HPA ($A4N) — their Stage 2 facility in Gladstone is set to become the world’s largest single-site High Purity Alumina operation, located right next to Orica (key reagent partner + shareholder).

Why this matters for the AI boom: Their ultra-high purity alumina serves as a premium thermal filler — providing superior thermal conductivity and low-alpha radiation performance essential for managing heat in AI chips, HBM memory stacks, and advanced semiconductors. Critical infrastructure enabling the trillion-dollar AI buildout (NVIDIA, AMD, SK Hynix supply chains).

Key highlights:

• Fully funded — $225M+ equity raise completed

• $400M debt facilities now accessible — LOIs exceed 12,000 tonnes pa (120%+ of nameplate)

• Strong offtake momentum in semiconductors + major lithium battery deal

• Proprietary low-carbon process + world-scale = high-margin profitability on ramp

• Demand model >50ktpa by 2030

At current levels the market is undervaluing the execution progress and massive AI tailwinds.

Strong re-rate candidate. DYOR! 🚀

Is this so called distressed fund ever going to make a move or is this story a beat up ?