Lets focus on the thread shall we and not the Options which i never buy even though I thought they were a good punt. I knew that the big news coming can be delayed for a thousand reasons and I could not make an accurate prediction. I was tempted though....
I would like to start with ......
BOOM !!!!!!!!!!!!!!!!!!!
Of Course i called this today or soonish but really this was a no brainer.
This is an epic and I mean epic milestone !!!!!!!!!!!!!!!!!!!!!!!!1
We know it and everyone in the industry will know it.
I predict this will be written up in some major publications and is without a doubt a marriage made in heaven especially in light of our new partnership.
Who here is totally blown away ?
This is the day that we will mark the end of the irrational over selling and the imbalance will be sharply redressed I predict with real clarity. None of the nonsense anymore on here and the proof will be in the market doing what WG did...
The market is a pace now of bubbles and even more chances for long term value investing. I have said over the years this is one for the text books and I believe the management are going to get massive credit. Not just for steering the ship into this fruitful path but for getting the licenses and making firsts in Sri Lanka which means real touch and understanding.
This goes into my Mind MAP with great pride and happiness. We had a real hurdle to jump in the last round of testing. Scaleability, Cost and Quality had to be dramatic and fortunately the results were above positive and encouraging.
This is evidence of quality decisions going back for over 2 years that resulted in the Feedstock and the new partnership and this result. No Hype just Results.
Wow and what a result!
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• Affirmation of the advanced status of research being undertaken on the Best Battery by Swinburne University of Technology.
• Confirmation of the
impressive performance compared with existing supercapacitors, based
on patent pending technology developed by Swinburne
• Increase in the level of equity that can be earned in the global licence from 60per cent, to
70 per cent
• Immediately focusing on the development of a
prototype AA battery for test marketing FGR has undertaken extensive due diligence on the BEST Battery Project, engaging highly experienced personnel, Dr Christine Scala, to provide an independent scientific assessment.
The key points from the due diligence report were;
• the science behind the supercapacitor is well developed with Swinburne University of Technology being at the leading edge of the development of advanced supercapacitor technology.
• the performance of Swinburne’s capacitor is impressive, being
significantly greater in energy density than the nearest other superconductor, Swinburne reported.
This provides evidence that the Swinburne invention is significant Swinburne University of Technology Supercapacitor Patent-pending technology developed by Swinburne overcomes the energy density limitations with existing supercapacitors, achieving the following potential advantages;
•
10x better energy density than competing devices due to use of nanopores and graphene based technology
• 10,000x faster charge/discharge rates than for chemical storage devices, such as lithium-ion batteries
• 10,000 charge/discharge cycles due to no degradation of electrodes • Ultra-thin and ultra-light in weight
• highly flexible and integratable
• environmentally friendly due to the absence of chemicals
These efficiencies are achieved through the use of laser printing technology and graphene oxide to create an ultra-efficient energy storage medium in a greatly simplified process. An innovative inter-digital design also provides for a much shorter ionic path to maximise energy and power density
- Release Date: 16/05/17 11:20
- Summary: BEST Battery Development Agreement Finalised
- Price Sensitive: Yes
- Download Document 187.5KB
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Amazing really....
SL Vein is that special and Sri Lanka also that important geopolitically!
From Bali I say well done to the management and those who saw it through to this breakthrough stage and asset growth.
The Value is outing.
Kind Regards
DYOR!!!
To Err Is Human!!!!
I could be 100 % Wrong !!!
What is the Value of a True Graphener like FGR ????
