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What A Gas

6,170 Posts.

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25/07/23

11:21

Post #: 68964941
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Originally posted by opel24v: ↑

What a gas, I'm with you on this one and you've often accused me of being way too optimistic

I'm optimistic but not blind to what recent events have revealed.

What happens in the dark always comes to light.

Initially I believed the "no news is good news" mantra and even when they said battery results had now become "commercial in confidence" but when you look at all the events since the AGM, something doesn't seem right:

In David's webinar post Trinseo MOU, he said there were many such MOUs to come. We did get Wyon and then silence.
We were not told of how battery testing was going as it had become "commercial in confidence" so it was a surprise when we were eventually told of the 500 cycles.

Not long after revealing our 500 cycle results and stating we can use "industrial silicon" Ferro took us to court.

Were we hiding our results from Ferro? but then possibly due to no further contact from them we thought we were safe so started revealing more?

yet, despite revealing more, not one more battery company has entered into an MOU.

Ferro would supply silicon to many of the companies that we have been collaborating with and I believe this is why we first signed an MOU with them as they had huge market penetration. I think at one point we had 50 collaborators? and the list has been growing...

Why since Wyon 4 months ago, has no other company taken the next step? ENAX etc

Had the industry gotten wind of the problems between Ferro and Anteo? Ferro blocking us?

Our tech can potentially disrupt the entire battery chain.

Is Ferro fishing prior to launching a takeover?

It really is time the company communicated with shareholders. They can't hide behind silence anymore.

* did an article today on Australian battery companies pushing the boundaries and we weren't even mentioned!!

Expand

C'mon Ops - 'accused' is a bit strong - perhaps 'criticised' would fit the bill better here.

Certainly can't criticise your current attitude, but I do hope that all (most anyway) of your current concerns are soon alleviated and you can return to your usual bullish self.

[btw - have always loved your sometime sense of humour.]

ADO Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
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Ann: Trading Halt, page-150

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