ADO 0.00% 2.1¢ anteotech ltd

Ann: AnteoTech secures $1.4m Qld Grant Funding, page-118

  1. 4,934 Posts.
    lightbulb Created with Sketch. 1023
    Think you’re a bit confused there Semi. The funding is clearly marked as being for development of the Ultra High Si Anode.
    Nothing to do with building a “plant”.

    There is also a very important word that has escaped your attention: “reimbursable”. Which means, in plain English:

    FIRST: Anteo spends the $$$.
    THEN: (Later) Anteo gets it back.

    There is no “money up front”. Not even Govt Grant administrators are that stupid…


 
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