I recall that the CEO Stephen Hunt said in a recent interview that SPN was ‘very close to commercialising the graphene coatings tech’ (probably in the paint additive space but could be in any of a number of additive projects) and intended to update the market ‘before Christmas’. To me that means the announcement of a deal imminently but we’ll see. They seem to have very good corporate connections in the paint space and that market is huge. My current target is over $3 and a market cap of $200 m which is still technically only a minnow. And on top is the ultra green hydrogen and i understand they are building a small pilot plant but that could take a while. And the Feds say they want to reach net zero via new technology being developed now but ‘not seen yet’ which is exactly what Sparc and Adelaide Uni are doing. Wouldn’t be surprised to see the Feds invest in this soon.
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