High Roller,
Maybe observations from Oct 2015 presentation made by Geoff in Melbourne and a chat, then from the AGM in Sydney, my notes could indicate a possible battery roll-out.....
Impressions on patent completion were noted end March.
Operative sample batteries would be produced at that time.
Limited contact had already signalled to more than one prospect ADO was working on the new technology.
A roll out of sample batteries together with claimed specification would take place from April.
Notes I made then suggest we would be tangling with interested parties over their interest by end June.
These notes were made by early November. The nature of the extensive project technology, overheating events etc, I have taken the conclusion to be yeah/na by end 2016.
In the meantime research on battery tech led me to believe we were operating in a silicon medium in replacement of Graphite. ADO have confirmed that feature recently.
Claims on performance values using Silicon are well documented. The ability to utilise silicon is being researched by many. Hopefully ADO have cracked the code with their Mix n Go nanoglue which has been developed and protected over more than ten years.
Should we have a successful patent on the battery development, we would have income coming and going. -From sale/licence of the nanoglue in addition to licensed utilisation of the technology.
Maybe a huge leap that is less than healthy to expect, however these are the notes I made.
Unlike a few with little respect for our Management and Board, I do count us fortunate to have the guidance of those appointed. GLTA
ADO Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
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