"strong partners" are apparently unwilling to commit. Even though VSPC batteries passed some internal testing. Report also says they've identified numerous steps they could remove or modify. This tech is over 20 years old, how is it not developed yet!?
"While potential customers are testing the cathode product no formal binding offtake agreements are currently in place and shareholders should be aware that there is no certainty binding offtake agreements will be reached. Once any offtake agreement becomes binding the Company will disclose this to the market."
"there is the potential to remove a number of steps in the battery manufacturing process and in so doing reduce costs."
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