Ann: Anteo R&D Tax Incentive received-ADO.AX, page-7

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ArtVandelay

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09/09/16

11:13

Post #: 19045542
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Originally posted by Surges ↑

My deduction is formed on the heels of these statements:

‘After more than a decade of development, our nanoglue technology is reaching a tipping point with customers who continue to validate its benefits. In response to industry demand, we are also developing the technology for markets such as lithium-ion batteries.’

We have secured a rather large tax refund.
This points to me towards programs which are basically new to our portfolio as previous refunds were considerably lower.
10 years of research in relation to our life sciences and assays technologies are now reaching a tipping point, as mentioned above.
Whereas battery technology would need the largest financial input after preliminary
research phase:

Preliminary research shows that Anteo’s nanoglue technology can be easily implemented in the battery manufacturing process between the raw materials and electrode manufacturing states to improve efficiencies in battery capacity, charging time and life.

This area will need the most cash infusion in order to reach a commercial partnership.

Both, deadline of Joe's original anticipated time frame beginning of the year of 6 to 9 months to see results in the area and a larger than expect tax refund, let me expect news in the energy sector prior to the AGM.

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Call me naive, but with DiaDource making such good coin, why wouldn't you just pour all of this into debt reduction?

ADO Price at posting: 5.8¢ Sentiment: Hold Disclosure: Held
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