Agree with you Barry
JDC has the IHP process to the piont of a 6 month trial after the current modifications to the plant are completed in Dec 2017. (AEV hold 2 licenses for IHP). JDC have indicated the IHP process is approx. 95% proven.
AEV are in the process of making current modifications to the processing plant in Senigal to increase output. These should be near completion about now.
This old news if you have been following the roll out in the last 6 months after the new CEO, Louis, has come on board.
What some punters may not be aware of is, the up and coming of phosphate batteries which will require the end product of the IHP process. Why do think all these big backers of AEV/JDC, are still paying out big money to get this company up and going.
Big dollars are to be made in the batteries of EV (electric vehicles) and storage systems for power generators.
The biggest advantage of lithium phosphate batteries is the wide range of operating temperatures, and cost effective manufacture.
I feel an update from management is due!!
AEV Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
