Shooting the breeze on ADO, page-4578

Level head ? Very disappointing to see posts like this , Your statement ADO could fold any minute is irresponsible / misleading and should be withdrawn , from the 4c ADO have no debt , there is Total available funding (item 8.2 + item 8.3) $5,478 8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1) that is 2.173 quarters of funding available even if there is no further income generated by sales , partnership up fronts , grants or non dilutionary funding , please give David Radford some time , he has been with Anteotech for just over 6 months, significant milestones have been achieved with the Trinsio and Wyon battery partnerships' that is not reflected in the share price , the most exciting parts are below , pilot plant plans deserves its own presentation and announcement , I hope its soon.

Strategic Objective: Transition to cash generating business division.

Target Revenue Generation During the quarter, the CET division achieved significant milestones advancing the strategic objective of revenue generation through AnteoX sales and micro silicon anode licensing, with the signing of Non-Binding Memorandum of Understandings (MOUs) with Trinseo [ASX 22 February 2023] and Wyon [ASX 2 March 2023]. The MOUs provide independent validation of the technology, its potential in the market and demonstrates the Company’s progress in establishing strategic partnerships that will lead to revenue generation in the CET division. The partnerships with Trinseo and Wyon were formally kicked off with the first Project Steering committee meetings held during a recent trip to Europe by members of the senior leadership of AnteoTech. These meetings provided an opportunity to progress the partnerships and to confirm the milestones and targets to enable the next step in the finalisation of a commercial agreement or agreements in the short term. Whilst in Europe the senior leadership team also met with several of the key players in the automotive industry as the Company seeks to explore commercialisation opportunities across different industry verticals and routes to market. AnteoTech will be exhibiting at the Battery Show in Stuttgart in May, which will provide further business development opportunities as the Company converts current Collaborators to business Partners.

Building CET Capability & Processes

The AnteoX Pilot Plant commissioning is scheduled for late Q1FY24. The first long lead item, a custom built 500L Mixing Tank, was delivered in March, with a pump / filter module on track for delivery in late May. In parallel, the Company has commenced recruitment of the headcount it will require to enable the Company to remain at the forefront of the development initiatives it is currently following in the CET division.