EV battery income is still a wee way off. We have a battery binder that is 'on the market' available now but probably will not generate
significant sales as most prospective users would need a trial run and probably use it for testing. They could get it for free if they sign
some sort of agreement to share results with ADO and commit to a supply agreement when proven up.
This is where ADO Energy Division is at present, they have stated there are 10-12 collaborators testing product and results are now
being released. For some reason ADO have not divulged the cols. names and probably won't until a signed sale/agreement is effected.
With this in mind and having a yet to be proven 'disruptive tech' in the EV battery evolution The SP is the ideal plaything for those so
inclined. ( There is a long way to go before some would be left 'holding the can ' )
With this in mind the SP will rise and fall but from a higher base each step. , as is the normal trend for a progressive ASX: company.
Income /sale will be assessed on a percentage of the selling price of the finished article. eg. EV battery cost $1000 .00 before
anteo binder, add binder cost plus 10% royalty on the $1000. This method could be applied to all large batteries Manufacturers of
smaller batteries will be licensed to use the tech and or supplied the additive. this is all IMO
In the near term the covid test will influence the SP more and although it appears to be pushed to the background by GOVT's it
is still a serious issue and the next 'frontline' formed by GOVT's worldwide will include our own GENI .
Hard to say how much the SP will rise in the next 6 months. One thing for certain is if we hit our short term goals we will be looking
at cornerstone investors (collaborators} , superfund/funds looking for shares on market.
To ' ice' off my expectations the new CEO is key. (looking forward to this appointment as its the heart of the story)
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