Mr market is asleep, page-10

The Anteo battery energy team have very important and meetings with EV 1 , EV2 and other partners in Europe over the next week or two, we wish David and the team a very safe and successful trip and return with a few large signed marquee trophy deals in hand , in particular the company maker tripartite EV1 deal below in case you missed it.

I would suggest David would be seeking a modest deposit to set up the AnteoX plant close to the battery facility be on the discussion agenda in order to avoid any delays .

Prototype evaluation to commence with EV1 AnteoTech have met with the project management team from the battery division of the global electric vehicle manufacturer or ‘EV1’ which has been evaluating the use of Anteo XTM in their next generation batteries. Importantly, EV1 has confirmed that use of Anteo XTM in their anodes both reduces their input costs and improves the performance of their proprietary anode. As a result of this successful validation, EV1 have advised they will now incorporate Anteo XTM into the prototyping process for their next generation batteries, to further validate Anteo XTM in the next stage of the battery development process.

This prototyping process will be facilitated with the major cell manufacturer that currently supplies batteries to EV1. The cell manufacturer has already been advised by EV1, and a tripartite meeting with AnteoTech and EV1 teams will be held in Europe in the coming weeks to co-ordinate the production of battery cells incorporating Anteo X for testing by EV1.