So with this news and the fact that management are very happy to take shares instead of cash for payment over the next 3 years one might expect this stock to begin to re-rate back up towards ten cents before the results are released in Q4 etc. and if these results are positive and these prototypes turn into a positive reality one would probably expect as written in this report that they will get a global business partner to JV SOR which would provide SOR with a share price that will be many multiples from current prices!
Management are obviously very confident!
It also looks like these results may happen much faster than the predicted three year time schedule when you look at the;
Next StepsThe next step, trialling methods of automated fabrication of Energy Ink™ sheets, has begun, with resultsexpected in Q4 2024. If successful, the Company will produce multiple A4-sized sheets of cells in Q12025. Following this, a decision on re-commencement of the EV charge program and progression tovertical stacking can be made.
GLTAH+DYOR
SOR Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
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