ADO 4.76% 2.2¢ anteotech ltd

Ann: AnteoTech $6.4m Capital Raising, page-59

  1. 2,982 Posts.
    lightbulb Created with Sketch. 557
    Its clear the cash flow isnt around the corner...

    Even if they get a binding MoU for supply etc.. money doesnt sound like it will be coming in until Q4 this year if they're realistic at the earliest.

    I'm 100% deflated we couldnt pen anything before proving scale up and production, but money has run out and the run way extended again....either we're in or we're not. From what we've been told, updated, and seen with grants/awards/verification... we have a good product, but we're just not there yet...

    The plus side of having this cash run way should mean it may be the last one for a while... and by while, i'm hopeful long enough for all SH to actually make some money on the stock again.


 
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