ADO Charting and Technical Analysis, page-8608

On the 26/4 2021 it was this Energy announcement that took the ADO share price to its highs up to 49c , however on the same day a capital raising @ 26c was announced 40 minuities later that stuffed the run at44c on that day , I invested in the battery tech , the POC tech was a bonus.

ASX Announcement 26 April 2021 Energy Collaborator Program Creates Commercialisation Pathway for AnteoX Highlights
❖ Initial assessment of AnteoX completed by Collaborator 8 confirms AnteoTech’s results of electrochemical performance enhancement.
❖ Collaborator 8 and AnteoTech move into a new phase of collaboration focused on customer trials and supply agreement.
❖ AnteoX assessment undertaken by Collaborators 5 and 6 reveals untapped potential of using AnteoX as a binder additive.
❖ Increased focus on commercialisation of AnteoX combined with commonly available binder products. AnteoTech Ltd (ASX: ADO) (“AnteoTech” or “the Company” is pleased to report that evaluation work conducted by AnteoTech’s Collaborators, focusing on the application of AnteoX, has proven very successful.

The collaborative work and results have strengthened partnerships and created a pathway to commercialisation of AnteoX. The results of the recent collaborations are summarized below. Collaborator 8 - (A very large northern Asian diversified electronics manufacturer with global operations.) AnteoTech has received confirmation from Collaborator 8 of the enhanced electrochemical performance resulting from the application of AnteoX (AnteoTech’s Cross-Linker Additive) in a high silicon content lithium-ion anode.

The results mirror those achieved by AnteoTech when using Collaborator 8’s binder in testing with silicon anodes as reported in the Quarterly Activities Report for period ending 31 December 2020. The study by Collaborator 8 focused on evaluating AnteoX with anode designs and chemistries that have a near-term commercial application in the market containing SiOx (silicon oxides), as the silicon containing active material in quantities of 5-30%, blended with graphite in the anode coating. Collaborator 8’s half-cell results showed a ~130mAh/g or ~18% improvement in the anode’s specific capacity, pushing the starting capacity to close to 870mAh/g, when compared to a control without AnteoX. This level of improvement is seen as substantial for this type of anode chemistry and was described in the official report from Collaborator 8 to AnteoTech as “good performance”.

The results prompted an immediate commercialisation discussion with Collaborator 8 and in recent meetings it has been agreed that Collaborator 8 will enter discussions with their battery component manufacturer customers to conduct trials utilising the combination of their binder and AnteoX within the customer’s preferred silicon anode design. If these trials prove successful, Collaborator 8 has indicated they will seek to establish a supply arrangement with AnteoTech to enable them to supply the combined offering directly to their customers who include battery manufacturers and device and automotive OEMs. The trial program has been designed and agreed. It includes several gated milestones based on testing results and will run from now until late 2021.

Collaborator 5 - (A large central European silicon focused chemical company developing anode active materials.) Collaborator 5 has developed a high energy anode design, which requires capacity limitation of the anode to reduce stresses during the lithiation (charging) of the silicon, to promote an increase in cycle life capacity.

Using this approach Collaborator 5 undertook several tests of binder formulations using AnteoX as an additive. The results from the first set of tests indicated that the addition of AnteoX to Collaborator 5’s high energy anode design demonstrated an up to 16% improvement in cycle life, when tested in full cells against commercial cathode materials. The result suggests that the effectiveness of AnteoX is much more prominent if the anode coating is placed under greater stress caused by higher levels of silicon lithiation leading to higher anode utilisation and consequently energy capacity (Wh).

To test this theory AnteoTech obtained electrodes fabricated by Collaborator 5 and tested these under full lithiation conditions. Results demonstrated a close to 500mAh/g increase in starting capacity of the AnteoX containing anodes compared to Collaborator 5’s controls, evidencing AnteoX’s ability to create more stable electrode coating networks even for very high anode loading and energy designs. These findings are being communicated back to Collaborator 5 in anticipation of further discussions and the development of new joint work packages. Our expectation is that Collaborator 5 has the opportunity to better utilise silicon in the anode via AnteoX subject to an adjustment in their test protocols allowing for higher levels of anode utilisation and consequently higher levels of energy that can be obtained.

Collaborator 9 - (A large northern Asian battery manufacturer focusing on supply of lithium-ion batteries in the portable electronics market). AnteoX was evaluated by Collaborator 9, using a unique anode coating composition, exclusively used for the screening of different binder chemistries.

This particular anode chemistry was found to perform stably in half cells, however further studies with a more carefully selected anode composition are required. Being a battery manufacturer for portable electronics, future discussions with Collaborator 9, will focus on the use of AnteoX with commercially relevant high energy anode designs and components.