Janus Electric has just been aquired and will list on the ASX. Good shareholder question would be how the collaboration is going with Janus. Have they sent test cells to Janus for a protoype battery? Are they still under an NDA with them? Any progress towards 495,000 cells required by the end of 2023? This extract is from the ASX announcment on 22/11/21
"Subject to successful testing, Li-S Energy being able deliver sufficient volume supply (and agreement of further commercial terms), Janus Electric intends to progressively phase out lithiumion cells and purchase Li-S Energy cells to meet its projected requirements of 495,000 cells (total 247.5MWh) by the end of 2023, with additional demand growth expected in future years."
LIS Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
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