I disagree. If you have an ingredient that makes up part of your product formulae, you have to purchase it. Thats a fact and from my experience working in the industry. Products will need to reformulated, before they start to purchase ANO's zinc powder and that doesn't happen immediately as soon as they create capacity.
In their last presentation they state "Leverage our increased capacity and pricing to grow sales in Europe, where we are aware Zinc is being developed into products among leading European brands". That to me doesn't mean demand now but the gearing up of production capacity to take advantage of that demand if they are chosen as a supplier.
Again I am not down ramping as I really like the company and think it has a great future.
Ann: ANO Investor Presentation Update, page-87
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