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11:01
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Originally posted by Rameez:
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The truth of the matter is that the battery technology is still unproven to provide commercial benefit to the company. Many posters on here think that the tech is the very best in the world, so much so that revenue contracts should be in place. Contracts havn't been signed because the various collaborators are not yet convinced that the technology is compelling. Speculation one way or another is rife indicative of a falling share price. Investing in penny dreadful speculative companies that don't manage to kick goals quickly, mostly end in large losses due to continual capital raises in order to survive whilst lining up the goals. Companies like ADO don't even have a 10% success rate so i am not so sure why everyone is grizzling other than sporting huge paper losses.
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"the various collaborators are not yet convinced that the technology is compelling."
(20min delay)