The share price will struggle unless they have some good news in...

The share price will struggle unless they have some good news in the immediate term. Until they are commercial they will be reliant on announcements as the revenue will not be there.

A key announcement will be whether the TESS can demonstrate its ability To hold silicon at 1414 degrees safely. Last announcement was that they were at 800 degrees and then no further news. If they come out next week and say they have reached a higher temperature then the shares will hold or build as the technology is proven.

However, and this is the big elephant in the room, even if the technology works the company needs to demonstrate the market willingness to adopt. Kevin already said they tried to pitch this technology as a large scale electricity storage solution only to find the market wasn’t interested due to their ability to make more money from the spikes.

There is definitely a need for this sort of technology, but the company cannot rely on the market coming to them. They are going to need a CEO with a sales bent and networks, and a sales team