"A key aspect for the Company during the Quarter has been attracting additionalcustomers across the two-wheel and three-wheel markets for UTR’s LNMO batteryproduct. New sales are anticipated in the coming months.
The Company has been finalising the supply of two kilograms of TiO2 anode materialto meet the requirement of a new, potential customer that has expressed significantinterest in UTR’s TiO2 solution. Delivery of the TiO2 anode material is scheduled inthe next 4-6 weeks."
Decent quarterly in my opinion, everything in line with what I have discussed with Kobi a month ago, excited about this new potential customer coming on board, should be an interesting end to the year for UTR.
Here's the broker data for Oct:
Looks like Pershing finally done selling, a lot of support in the 1.2 - 1.3 range which is good.
And the Top 20 report:
As you can see none of the top 20 sold despite the low recently except for NTU, which is expected as their collaboration with the company has concluded it's up to them whether they want to sell or hold. In fact, apart from Kobi you can see 2 of the other Top 20s bought more as well, good sign of support and things are going well in my opinion.
Good luck holders, let's hope for an exciting quarter for UTR to end the year!
Hez
