It will be interesting to see what their narrative is at the...

It will be interesting to see what their narrative is at the AGM. it's likely they will keep with the story that potential customers are all still keen and their European trip confirmed that. However, the customers want to see the pilot plant commissioned and producing to expectation's so that ADO can supply required volumes. The potential customers also want to test the output from the pilot plant before signing any deals and the testing in their batteries will take another couple of years. This will work well for ADO management as it kicks the can down the road for another couple of years whilst they gift themselves cheaper and cheaper options. Not long before the storyline from the AGM is revealed but I'm sure they will be spending plenty of time getting the exact wording right in the PowerPoint