If a commercial deal in batteries is done that will decide the MC aka SP and that is 4 mths away.
Before that is more testing and that has to be paid for by the collaborator. 10M worth of testing ?
But I hope and believe that wil happen take the MC to 300M at least aka 20c
We know energy density improvements are fantastic but if the cycling is truly solved then it could be huge and all batteries will be 'powered by anteocoat' and then its a dollar easy. Then also other companies will sign up and its multiples from there plus some gravy from POC.. But that might be the end of 2022 or 2023 or beyond. Not this year.
I think 20c is probably a reasonable guess for Dec 2020.
10c is 150M so 150M 10c 300M 20c 450M 30c 600M 40c.
1.5B for a dollar. Too far by year end.
And the options add another 200M shares to the dilution equation.
I hope 20c so only have to sell 60,000 to receive $12,000 to pay for conversion of 600,000 options at 2c. That will take my total holding upto next million.
ADO Price at posting:
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