Any positives?, page-154

Thanks for pointing that out, but both of those markets can benefit from AnteoX.

1 = highest value = high silicon content segment and silicon dominant anode
2 = secondary use case = natural and synthetic graphite blended with low contents of silicon

So basically from the bottom of that bar to the top of the purple section, is AnteoX's serviceable market.

The reason silicon dominant market forecast seems small is probably because no one has really been able to crack the 20-40% silicon mark? Therefore before that breakthrough technology is widely used, forecast will remain lower.

But now that ADO has shown we can do 70% silicon and the anodes are currently being tested by 6 companies. IMO once silicon dominant anodes gain some traction, it will just grow exponentially from here.