Koko, That is just rubbish. Your analysis, is always based entirely on lack of profit and cashburn. Never looking at market opportunity for some of the companies process technology. Eg Dry Cathode
https://t.co/0pXLTIFMae
Next year will be 4 years from discovery of the above technology with 9 patents, now entering the timeframe to be granted.
Commercial rights over figures that look good. Reduction in waste, no water and also achieves a OpEx reduction of around 50% whilst requiring 25% less power.
A large Cathode manufacturing company, will be more interested in the above figures, than the profit or cashburn, BTS is going through as they run the commercial pilot lab.
Start ups are risk/reward, the only fool is one trying to compare apples when they are holding an orange.
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