Ann: Key Partnership For Prestigious UK Battery Challenge, page-9

There is no way we would lock in a contract at this early stag for exclusivity. Way to risky for the EV manufacturer and we also need to prove the tech, only then will we be ina position to either license the tech out or sell it for squillions!

Great to see validation of the science via these engagements because it definitely proves there is sufficient laboratory evidence of the eventual battery performance achievable. Otherwise these companies would not align.

But a couple of companies that have not sold a thing is not evidence that this tech is commercial. It just shows there is external organisations that see the potential. What's that worth at this time who cares as it is only when the prototype battery shows their predicted performance of up to 50% better the Tesla current 3 series that we may secure a partner that is actually building EV's or a battery manufacturer that can take this quickly to commercialisation.

I expect we'll keep fluctuating heavily until that prototype is proven by H1FY19.