ADO

0.00%

2.1¢ anteotech ltd

why ADO is a multi multi bagger, page-132

First 132 Last

Share
Profile

Follow
opel24v

8,846 Posts.

2542

04/05/24

09:57

Post #: 73662608
Share

Originally posted by semi retired: ↑

Hi Captain , Investors must not realise EV1's design freeze is by the end of 2024 ? is by the end June this year and the scoping of EV2’s evaluations are expected to be completed in Q4 FY2024 with the evaluation expected to commence in early FY2025 is July-September this year , the latest announcement achieving 1,000 charge & discharge cycles with greater than 70% energy retention? how much greater than 70% ? this confirms the EV1 deal will go ahead and EVI want to keep it quiet from its competitors , can the Anteotech plant make enough ? they have confirmed the purchase of extra plant to scale up to 80,000 litre is very telling.

Announcements like the above should have more detail for investors to consider raising their investment , what WH/kg or mAh /g is achieved at the 400 cycles out of 1000 if 40% improvement in range @ 1000 cycles ? 400 cycles with such high energy retention should give at least 300,000 k drive range , I' ve never had a car with more than 150,000k,
good luck Anteo investors .

During the Quarter, the Company continued its work with a leading European car manufacturer or “EV1” on the optimisation of their anode for their next generation electric vehicle or EV batteries. This work has been progressing for a number of months, with initial testing by the customer in their laboratories confirming the results obtained by the Company that demonstrates an improvement in energy density and a reduction in costs of the anode. AnteoTech will continue its work with EV1 towards the common goal of improving the performance of the battery and making a reduction in the cost of the components of the anode.

The goal of this work is inclusion of Anteo X in EV1’s upcoming “design freeze” towards the end of 2024. Being included in the “design freeze” would see Anteo X incorporated into the batteries for EV1’s next generation vehicles. If the internal validation and testing processes being undertaken by EV1 is successful, the objective will then be for AnteoTech to secure commercial agreements for the sale of Anteo X for use in a broad range of the EV’s that the company produces.

The scoping of EV2’s evaluations are expected to be completed in Q4 FY2024 with the evaluation expected to commence in early FY2025. Based on the volumes of EVs that each company manufactured in 2023, and their forecast growth, this would equate to a significant volume of Anteo X providing a material revenue opportunity.

A further project is commencing with a leading Giga Factory that produces large volumes of EV batteries. The Factory has approached AnteoTech to assist in their transition to a higher silicon anode. The scoping and deliverables for this project are currently being finalised and it is expected that this will run in parallel with the EV projects.

Expand

and a big question many of us have is:

is anyone testing our 70% anode

is EV1 testing it in parallel with their own anode?

surely someone must be. 650 cycles at 80% would satisfy the requirements for many industries.
This anode would be comparable to a non silicon one doing over 4000 cycles before it hit 80%.
Sure, the cathode has now become a massive bottleneck but surely we don't need to prove any more than 500 cycles at 80% given the massive increase in energy density?

ADO Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
20 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 815 more messages in this thread...

First 132 Last

Add ADO (ASX) to my watchlist

(20min delay)
Last 2.1¢		Change 0.000(0.00%)		Mkt cap ! $51.83M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.1¢	$66.43K	3.145M

Buyers (Bids)

No.	Vol.	Price($)
18	2400502	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	276243	2

View Market Depth

No.	Vol.	Price($)
18	2400502	0.020
9	1616003	0.019
3	1046000	0.018
2	134748	0.017
1	32000	0.016

Price($)	Vol.	No.
0.021	276243	2
0.022	270559	3
0.023	584261	5
0.024	2062313	9
0.025	2573156	10

Last trade - 16.10pm 17/06/2024 (20 minute delay)


Last 2.1¢		Change 0.000 ( 0.00 %)
Open	High	Low	Volume
2.1¢	2.1¢	2.0¢	1275949
Last updated 15.25pm 17/06/2024 ?

ADO (ASX) Chart

why ADO is a multi multi bagger, page-132

Featured News

MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners

RAU all set to samba in Brazil rare earths space off successful IPO launchpad

ASX Market Update: Shares slip with energy and IT in drag mode | 17 June, 2024

Construction commences on the Nobles Gold Processing Facility

From the Floor question: "Is lithium dead?"

Buyers (Bids)

Sellers (Offers)

Featured News

why ADO is a multi multi bagger, page-132

Featured News

Top Stories

MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners

RAU all set to samba in Brazil rare earths space off successful IPO launchpad

ASX Market Update: Shares slip with energy and IT in drag mode | 17 June, 2024

Construction commences on the Nobles Gold Processing Facility

From the Floor question: "Is lithium dead?"

Buyers (Bids)

Sellers (Offers)

Featured News