Ann: Trading Halt, page-131

  1. 4,816 Posts.
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    explain to me what wouldn't sit well with ev1. this is what anteotech said

    "is pleased to announce that it has received the first commercial order for its proprietary UltranodeTM battery anode technology containing 70% silicon."


    Key Points
    • First commercial order of Ultranode from leading European EV manufacturer ‘EV1’
    • Ultranode is a proprietary battery anode containing 70% silicon
    • EV1 is seeking step change in silicon content for their next generation EV batteries
    • EV1 evaluation of Ultranode will continue in parallel with the current development of an Anteo X containing anode
    "This new commercial sale and evaluation will take place of the coming months and deepen our potential future engagement with this leading EV manufacturer.”


    "AnteoTech has received its first purchase order for the Ultranode battery anode technology from EV1, a major European EV manufacturer. The purchase order is for approximately A$40,000 as it relates to an initial quantity of Ultranode for testing and evaluation over the coming months."

    "EV1 will shortly commence an evaluation program where the performance enhancing characteristics of the UltranodeTM will be assessed."


    just point out what in a very basic announcement, wouldn't sit well ?????
 
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