Ann: Commercialisation Milestone, page-78

Been out for most of the day but reread today's announcement over a glass of vino this evening.

Quite frankly I'm amazed at the market reaction, or lack of, to what the announcement included.

I know everyone's waiting for the one magic ASX release that leads to early retirement, but jeez today's release contained gold in almost every sentence.

" AnteoTech or the Company) is pleased to announce that it has successfully completed production of the first commercial high silicon anode containing Anteo X™. "

"The team has optimised the anode design of a European Electric Vehicle (EV) company whilst integrating Anteo X and achieving both cost and performance improvements"

"The first successful manufacturing run confirms the ability of contracted anode manufacturers to scale-up the slurry mix containing Anteo X into a larger scale manufacturing process"

"Our demonstrated performance and economics unequivocally validate Anteo X's value proposition for businesses transitioning to battery anodes with a high silicon content"

The Anteo team it seems is rubbing shoulders with some serious players and while that doesn't necessarily guarantee success, it's looking better by the day. Optimising EV company anodes, outsourcing AnteoX enhanced anode manufacture to contract anode manufacturers, selling AnteoX directly to a marquee EV company and supplying the world's largest vaccine manufacturer with significant quantities of Anteobind.

What's not to like? The next quarterly should be the best handed down by the company in a very long time.

My guess is there will be more buying tomorrow and will continue into next week. I'm also betting this will not be the only announcement we get before Santa comes.