Chill out and watch the two presentation below again , the high silicon achievement is amazing , its everything EV manufacturers and EV owners are looking for but cannot get or achieve , listened to David's latest presentation again ,he says commercial scale ? what is commercial scale ? interesting to know if and who is testing Anteo's disruptive 70% silicon ?
BRISBANE, AUSTRALIA, May 1 2024: AnteoTech Ltd (ASX: ADO) (AnteoTech or the Company) a revenue stage company, providing solutions for the clean energy and life sciences markets using proprietary applied materials technology, announces that it has generated technical data confirming that a high silicon anode incorporating Anteo X™ has demonstrated achievement of 1,000 charge & discharge cycles with greater than 70% energy retention.
AnteoTech has been conducting a technical collaboration with a partner for approximately 9 months involving a range of tests that have also been replicated by an independent laboratory. This work has included the incorporation of Anteo X into a proprietary high silicon anode. 20% or 70% ?
The goal of this work is inclusion of Anteo X in EV1’s upcoming “design freeze” towards the end of 2024. Being included in the “design freeze” would see Anteo X incorporated into the batteries for EV1’s next generation vehicles. If the internal validation and testing processes being undertaken by EV1 is successful, the objective will then be for AnteoTech to secure commercial agreements for the sale of Anteo X for use in a broad range of the EV’s that the company produces. this is EV1's highly refined 20% silicon right ?
David says in the 27 March interview below , before Xmas we manufactured our first commercial scale 70% silicon anode , " 70 % Silicon ?" he says feed stock for the high silicon anode is low grade metallurgical silicon saving over $500 USD out of the cost of every EV, now EV manufacturers are chasing Anteotech , so who is testing the 20% silicon EV1 ? and who is testing the 70% silicon ? how many high silicon configurations are we actually testing ? who knows ? surely we are not far from a contract signing celebration ? the She made it "Women in manufacturing" is so inspiring ,every investor should watch again and be very proud of the Anteo team.
Interesting the best ADO presentation I have seen was done by the Queensland Government.
Why does ADO have such a miserable $54 million market cap (2.2c) when other battery tech companies are worth up to $3,3 Billion USD with far more expensive less energy, technical and cost to Wh/kg achievements ?
Something is not right when a low ball capital raising takes $50 million and almost halves the market cap to raise $6.5 million , a great deal and welcome for the new incoming insto's /investors that have a habit of making a quick buck and gone by Xmas , a very dilutive disruptive bad deal for long term design freeze frost bitten investors that are here till death , hopefully the last shareholder freeze needed.
Anteotech is a revenue stage Australian company with $10 million in cash , no dept and the highest value disruptive battery IP in the world trading for peanuts , commissioning a high tech ISO classified production plant at Browns Plains Brisbane QLD , Anteotech may still have a chance for substantial non dilutive clean energy funding , a binding battery deal signed would help that mystery non diluting funding pop .
Good luck investors , nothing a big battery deal can't fix and we're not dead yet.
(20min delay)
