Ann: Technical Milestone - Anode Performance Update, page-31

it wasn't too hard to predict this announcement was close. posted this 4 days ago

post 73535166


"with the completion of our Brisbane production facility which is expected to commence manufacturing of Anteo X in April 2024."

thats 4 days away and was released in an ann 4 days ago."

that had to be announced shortly

then

"- can ev1 reach the 1000 cycle 80% retention in their testing. all we have been told is that results are going as, if not better than expected.

what we know. with our 70% silicon anode we have reached 650 -700 cycles. ev1's anode has around 20% silicon, so it doesn't require to much imagination to assume that 1000 should be achievable. ev1 must have been confident to be involved in the testing. but it does need to be reached. doing the maths of how long they have had the anode and around 6 cycles/day testing, IMO they must be close to it"

we have fallen short of 80%. but ev1 have had our anode since dec 7th. so just shy of 150 days. I have been working on 6-8 cycles per day so results had to be close.

just like the above, not sure the market will understand or care about this announcement but IMO, it's a very good day for ADO holders.