Ann: Application for quotation of securities - PLS, page-23

well, I agree current research is all about increasing that energy density. However, if you read below article then you will realise they are on to it as well... and targeting a launch end of 2022 .... in my opinion.

Also, technology of sodium already in the market and sold by British company Faradion ... obviously not for EV but in other markets .. and now Faradion got backing of one of the biggest and world's sixth richest man... !

https://faradion.co.uk/faradion-featured-on-gb-news/

remember, silicon or sodium batter doesn't mean end of lithium but it means reduced demand as currently everyone from battery cell to car makers to ships wanted to use lithium which is driving prices which in reality pushing more for people to get onto alternative technology for uses such as scooter or computers or phones or many other industry where current density availability from sodium isn't the issue as long as economy is achieved from pricing point of view in my opinion.

combine use of lithium & sodium will also help to manufacturer to cut prices and in turn reduce demand now how long it will take is something to watch out for if someone like TESLA invent something then as we seen in past it will be launched much quicker as many article claim that sodium ion battery manufacturing can utilise existing lithium factories as well... in my opinion... as an investor you need to be aware of what is going around in the market instead of reading pump post only... in my opinion.

that is why again state that PLS management's attitude to not share profit with the shareholder but keep taking free stock is something shareholder should take up to management and demand tangible return on your investment in-term of dividend fully franked or on market buy back in my opinion.








https://cnevpost.com/2022/07/21/nio-reaffirms-150-kwh-solid-state-battery-for-delivery-in-q4/