2024 - The year of ADO, page-208

not sure about being very biased (I would say that though) not much in it we haven't already been told.

• Making lithium-ion-batteries better. it's a fact we can increase the amount of silicon in anodes, giving the advantage of higher charge density, longer life cycle and reduced charging times - been shown anteoX doing this in many presentations

• Anteo X overcomes silicon challenge. just by using anteoX can increase is in anodes to greater than 20% with all the benefits and cost saving of more than $500 per ev. all released in ann's

• Minimal disruption to manufacturing process.

• In talks with EV OEMs and batterymakers. "in talks with EV and batterymakers over development and commercial opportunities." "its own high Si anode, (>70% Si) with testing yielding 650 cycles with 80% capacity retention, and is also being evaluated by potential customers."

• First revenues signal major progress. "ADO received first Anteo X commercialisation revenues in the September 2023" ev1.... this is new but not unexpected IMO "The next major milestone targeted is to enter into a more formal development agreement with a potential customer." and this "In the meantime we expect further revenues from ongoing development work."

• 2024 a pivotal year. production facility and then outsource manufacturing ( talks with trinseo basf and ashland)

• Life science option. again something new "which is at an earlier stage than Anteo X, the company still working on refining chemistry and applications." earlier stages. what exactly are they working on?

• Well funded for now. and this is welcome but with the proviso of for now "With more development revenues and expectation of further grants ahead, we expect the company is well-funded in the short-term, given its low-capex commercialisation strategy."

apart from a few points, I could point you to announcements or presentations where all this and more information has been presented to shareholders by management. they have painted an awesome picture of the potential of ADO, but importantly still have to get some signatures. anyway it's good to see our little company getting more eyes placed on it, out of all the above 2024 a pivotal year certainly rings true.

https://www.fostock.com.au/wp-content/uploads/2024/01/LTB-16.01.24.pdf

ps great find millim