ADO 4.55% 2.1¢ anteotech ltd

why ADO is a multi multi bagger, page-570

  1. 4,298 Posts.
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    in the below interview from David. it's a computer transcript so a little messy

    "Uh, we're working with, uh, with one of these in a very advanced stage that, uh, we believe if we continue to perform as we are, we should be part of their next generation electric vehicle batteries. And, uh, to give you and, uh, and your viewers an idea we would be use using approximately one litre of our lead product. Well, we, uh, we see a price of this product at about $400 a litre. So, uh, if you're producing
    3:22
    100,000 cars a year as an example, it's, uh, it's a very big opportunity for us."


    so I believe price would have been discussed b/w the 2 companies and expected volumes.

    https://www.anteotech.com/newsroom/******-interview/
 
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