Ann: Technical Milestone - Anode Performance Update, page-42

vj this isn't a I'm right and your wrong post. it's just trying to work out what company this is and would like to know your further thoughts.

I go back 9 mths to our July quarterly

"More recently there has been initial engagement with several global electric vehicle or EV manufacturers that are looking for opportunities to increase the percentage of silicon within their proprietary anode developments. Currently these companies are looking for ways to achieve a stable anode with >18% silicon and have approached AnteoTech with a view to assessing the value of AnteoX in their systems."

"Another opportunity developed from discussions with EV manufacturers, is to leverage AnteoX to decrease several of the costly input materials, thereby reducing the cost of the anode significantly. Further work is planned in conjunction with one EV manufacturer to prove this approach on a prototype scale model prior to a “Design freeze” for their next generation car battery."

fits with ev1, cost savings and design freeze and the 9 mth time frame

the only other companies mentioned were Trinseo and wyon who seem to have disappeared. trinseo was only as an additive to their binder and 9 mths ago the technical assessment was completed. and wyon was for our 70% silicon anode ( not anteoX enhanced) and work had also progressed before this 9 mth mark.

then in ev1's dec ann.

"AnteoTech is pleased to announce that it has successfully completed production of the first commercial high silicon anode containing AnteoX".

reading the whole ann it doesn't sound like we had anteoX added to a commercial anode before this. even the heading "commercialisation milestone" suggests a 1st

with the other newer partners, they wouldn't have had the time to reach this level.

as with a lot of anteotech's announcements there is always ambiguity. don't know why if it is, they wouldn't just say ev1. but I can't see any other possibilities other than wyon or trinseo and to just pop up from no mention for months to reaching 1000 cycle testing is something I can't see.

love to hear your thoughts.