Ann: AnteoTech secures $1.4m Qld Grant Funding, page-106

Hard to put a number on it

Although we now know that Anteo X will apparently service one EV battery with a litre costing $400

So the pilot plant will make 20,000 litres per annum that can be 'easily' doubled to 40,000 litres per annum with a further doubling to 80,000 litres within the footprint

So 20,000 litres x $400 is $8 million per annum

Doubled to $16 million with a possible redouble to $32 million per annum revenue from a pilot plant

Of course if they land a deal with EV1 in Europe then the production would most probably be outsourced to a large European chemical company such as BASF, Trinseo or Ashland. (mentioned in previous presentations)

The numbers are boggling to me

A deal with EV1 could result in a share price of......