Being from a sales background, this update is what I would expect from a bad performing sales agent.
:"Yeah spoke to a few people, they said they like it and they will get back to me, sometime in the future".
Either ADO is sitting on on the biggest break through in Li battery history or its a big nothing burger.
Exclusivity is what is needed if every EV in town is knocking on their door, not free samples.
"A short validation process by the Materials Supplier is targeted for completion by September, and, upon successful outcome it is expected that a commercial agreement will be executed for this new targeted usage of Anteo XTM."
The word "expected" is passive and weak.
ADO needs to grow some balls.
The MTA should be a part 1 of a contract they enter into and part 2 of the contract kicks in upon positive tests results.
SH are still left in the air with a 50/50 choice of boom or doom with ADO.
Todays update is whishy washy with a hint of positivity.
ADO Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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