Ann: Application for quotation of securities - ADO, page-35

I doubt the Captain will bother to reply so I'll add my 2 cents:

every cloud has a silver lining.

Ferroglobe? they see value
SI offer? oversubscribed
Retail offer? not underwritten

16k revenue? ummm, no silver lining, that's total shite!

Some of the highlights for me this month have been:

"Another opportunity developed from discussions with EV manufacturers, is to leverage Anteo X™ to decrease
several of the costly input materials, thereby reducing the cost of the anode significantly."

Discussions with EV manufacturers. Not one, several. Who are they?



" Further work is planned in conjunction with one EV manufacturer to prove this approach on a prototype scale model prior to
a “Design freeze” for their next generation car battery."

What does it mean for us if we make it into their next generation car battery?
We've been told 3 litres of AnteoX is required for a Model Y.
What would supplying 3 million litres of AnteoX do to our SP?

Buying today looks to me like one of the big players who wanted more in the oversubscribed institutional offer is now having their fill at 2.9.

wishful thinking? we'll know when we see the Top 20 later this month