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Currently, Ferroglobe PLC have a market cap of around US$1.21B (approx. A$1.8B).

If ADO’s unique and remarkably economical solution to incorporating Silicon into the anode of Lithium Ion batteries is successful and, as we all hope, becomes the industry “gold standard”, Ferroglobes business and market cap will be decimated.

Very simply, the industry won’t be interested in perusing a solution that is far more expensive and apparently no more effective.

Accordingly, we should expect that they would throw every thing that they have at their disposal to mitigate the threat, either eliminating it by perusing a legal process or at least slowing down our progress through that legal process.

Luckily, desperation is not a valid legal avenue or argument and we have to trust, as it appears, that ADO have covered all their bases.

Hopefully, the process will not be allowed to be unnecessarily be dragged out, but unfortunately, it’s often not always the way.

It’s not necessarily in the best interests of both legal teams for this to eventuate. It might be a cynical view, but the income for legal firms can only be improved by increasing billable hours.

If it does eventuate that it gets dragged out, it unfortunately could effect our struggling share price.

Not only is it the ideal ammunition for market manipulators, particularly with speculative stocks that aren’t producing income, but it could also effect our ability to get a collaborator to sign a final commercial agreement until it gets resolved.

I truely hope that this doesn’t eventuate, as it will add significant frustration to all of us that have waited such a long time for success with our investment in ADO.

If they are unsuccessful, as we expect, it will however only delay and not effect the end result,

For the optimists among us, it would at least provide the last opportunity to pick up some more shares at ridiculously low prices.