IMO, anteotech has really given us a pretty solid vision of where and how the company sees itself in the coming months and years.
its obvious that the market doesn't believe the story so far. with probably good reason. we have all heard about many claims of collaborators, distributors, tga approval, manufacturing of covid tests etc.
but we have a new team that has shown that if kpi's aren't met, they will tell the market (as with hiccups with the life science division) but are still brimming with optimism with our CET. so could it really be a different story this time?
highlights from the quarterly
View attachment 5700919
so we have announced claims of our CET with anteoX and our high silicon anode. there is plenty of evidence of our technology being gold standard, as David put it, having us in the leading pack of the marathon
we have started the production facility. initial capacity of 20k litres which can be scaled up to 80k litres relatively quickly. what are our plans then if we get several major deals signed and demand is greater than 80k litres. it looks like it's being worked thru at the moment.
"we will look at outsourced manufacturing and again we are having conservations with companies such as BASF, Ashland, Trinseo , major chemical companies that can manufacture at scale for us "
around 13 min mark
https://www.anteotech.com/newsroom/presentation-asx-small-and-mid-cap-conference-september-2023/
from the highlights we have trinseo and wyon moving towards commercial agreements and have progressing commercial discussions for development agreements with multiple parties.
have our 1st sales of anteoX to an ev company. only $60k but a commitment to anteotech and the fact that we have stopped doing non paid research for companies is a nice step forward. actually imo it's very very significant, a marquee ev company is paying us to test our product !!!!
have a 2nd ev company approach us about our high silicon anode and will be commencing proof of concept evaluations.
wonder which companies these are?
View attachment 5700976
we have multiple non-dilutive funding applications nearing being given ( around Xmas) which will enable market entry and development activities to be accelerated.
so we have been given a vision of our CET being a market leader, have plans for local and expanded overseas production, have partners lined up with several getting to the pointy end and funding thru the cr and grants to see us thru till when revenue expands.
none of it has happened yet and is why we are sitting at 2.6c, but what a magnificent thing it will be for shareholders if it does happen !!!! and the thing is, if it happens the initial deals will happen in the next couple of months (if not sooner). a very interesting time coming up into the agm and towards x-mas.
ps. if no deals before the agm, looking forward to see the agm presentation. the companies presentation are always much more expansive than it's quarterlies.
DYOR, not financial advice, IMO etc etc......
(20min delay)
