LTH or original investors were backing the HPA production facility and potential, a fixed volume production selling at a estimated value range.
While developing the downstream demand the coating graphite/ silicon coating potential has been recognised and developed. Key to this has been our general manager of operations and chief scientist, Dr Jingyuan Liu, I was unaware that he has been with Iggy since the Galaxy days so very much a tight team?
The coating technology IF adopted and first to market (we do have a patent) but does not mean others will not find other means, has possibly significantly more potential - game changing?
Dr Jingyuan Liu, "said that verification of Altech’s coating technology on silicon particles is very exciting for the Company."
They were trying to raise 7m from professional investors and raised 8m very quickly and relatively easily?? Purchasing the land and building the pilot plant are confident developments.
I do not have a conclusion other than bring on the announcements.
This is still a spec stock, with potentially massive implications for battery tech.
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