IPO - Li-S Energy Limited - 30 August 2021 #, page-59

The CEO has been "advertising" the IPO widely in the last week or so. He has been interviewed live on ****** (lie-s energy), Fear and Greed podcast, and Eureka, amongst other interviews in print.

The Eureka interview was a half hour listen and far easier than reading the transcript. Some notable points in the Eureka interview included:
a) Li-nanomesh on the anode - can't tell you what it's made from but tested extensively and seems to be working extremely well
b) BNNT on the cathode - also working extremely well
c) Single layer pouch cell battery still testing beyond 600 cycles.
d) How many cycles do you think it will get to? We don’t know, it’s going to be very interesting to find out.
d) Multi-layer pouch cell has tested fine, but the focus at the moment is to optimise the construction of the single layer pouch cell.
e) The best part:
Eureka: "What sort of interest are you getting from potential customers?"
CEO: "It’s been kind of crazy actually... We’ve had tremendous inbound interest from some of the biggest household names you might think of in the product industry, ... I can’t tell you exactly who yet, but I will obviously as soon as we have collaboration agreements signed."

You have to like the sound of that. The product manufacturers are in fear of missing out on being the first to the market with the next generation battery for applications where energy density, cycle life and weight are critical.

It's possible the applications could close as early as tomorrow.