for anybody new looking at Anteotech as an investment. here is a brief glimpse of where ado is positioned.
from the AGM, we have contact proposals with 4 companies working with AnteoX and our high silicon anode tech. we have our 1st revenue from ev1
View attachment 5875870we have commercial negotiations with 3 life science companies. the global vaccine manufacturer is Serum institute of India who placed a $260k order late last year.
View attachment 5875882with ev1 we had this announcement in December
View attachment 5875885anteotech has optimised the anode design including adding anteoX and high silicon content and successfully completed the tech transfer to a 3rd party who delivered the anodes to ev1 for testing.
a bit of discussion the last few days about mercedes and BMW being named as ev1 and ev2 from far east capital newsletter. 2 mentions from them in the last month
http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm9Dec2023.pdf"AnteoTech (ADO), one of the leaders in this field"
"750-800 cycles now, whilst achieving 90% energy retention."
"By mid 2024, a potential large scale customer is targeting a design freeze for its next generation of batteries." (ev1)
"it leaves the potential for an operating margin of $600m p.a."
the 2nd mention was in the last couple of days
http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm6jan2024.pdf"When we mentioned Anteotech a couple of weeks ago, we said some European car makers were very interested in its projects with silicon-based anodes. To be more precise, we have heard from market sources that BMW and Mercedes Benz are the companies expressing interest. By the middle of the new year we should have definitive news as to whether they will be adopting the next generation of anodes, going beyond standard graphite anodes."
also in dec we presented these results from ev1 at AABC, also stated at the agm we have presented figures where we could potentially save ev1 $300m while also improving performance
View attachment 5875897we have been told that our production facility will be up and running this month. we have 3 non dilutionary govt grant applications in the works and we have over 200 opportunities within the battery division extra to the above. still some hurdles to climb but IMO the upside is continuously looking bigger and closer.
GLTAH, DYOR, IMO, etc etc............
