to continue my post from last night. some sort of funding will be coming. what it will be is the unknown the market doesn't like. again below are the participants in the FBICRC super anode project
Participants- AnteoTech
- Calix Limited
- Commonwealth Scientific and Industrial Research Organisation
- EcoGraf
- Koppers
- Minerals Research Institute of Western Australia
- Queensland University of Technology
- Syrah Resources Limited
- Talga
- University of Melbourne
from ecograf annual report
" In February 2022, the Company announced that a loan of US$40 million has been conditionally approved by the Australian Government for the HFfree Battery Anode Material Facility"
from Syrah resources webpage 27/7/22
WASHINGTON, D.C. — The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) today announced it closed a $102.1 million loan to Syrah Technologies LLC for the expansion of its Syrah Vidalia Facility
talga 23/2/23
"Successful completion of institutional placement raises A$40 million from the issue of 25.8 million new fully paid ordinary Talga shares"
there are funding models out there for CET. thats just 3 from the super anode project participants. seems money is available in all sorts of different ways.
from our 1/2 yearly
- Appointment of a specialist team to target local and international government grants. Submission development is underway.
also had this newsletter from ex business partner of twiggy forrest last year
"The ADO test results so far are much better than anything else I have seen regarding performance of silicon anodes. If it continues to progress along this path it will be able to
legitimately claim to be the world leader and it would have
little difficulty in attracting powerful industry partners to set up a pilot plant in 2023/24"http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm2April2022.pdfjust have to get over the hump of the option conversion sell off and there should be some interesting developments to come for the rest of the year.
DYOR, IMO, GLTAH, ETC etc....
(20min delay)