Be patient slippin , 2.5c seems to be a mistake 'Today' but if 2.5c was all they could get from the pirate brokers to match up with the non dilutive grants Anteotech are in line for , it had to be done or miss out, I am confident with my battery research we won't be 2.5c for long.
Silla Nanotec have received over $1.1 billion in funding from the US government , MBand BMW and only offers a 20% improvement in energy retention in the MB/BMW partnership after initially promising 40% improvement within 3 years is still 20% with its 20% silicon anode , is Silla's time is up ? far too expensive , do nanotubes ring a bell when Anteotech announced that it eliminates 90% of the partners nanotubes and increased energy retention by 40% plus saves the partner over $500USD per EV battery ,
Silla has not received 1c in income and has a market cap of $3.3 billion USD or about $5 billion AU, ADO at least has some income building and not only from batteries , value a hell of a lot more than $50 million in my opinion,
Will the Queensland and Federal government support/invest in Anteotech ? I think they have no choice , Anteotech is a world leader in high energy silicon anode batteries , grants and government support will be a lot more than the $6.5 million cash raised in a hurry, the May Federal budget should give us a clue.
Queensland can build a battery industry based on up-stream capabilities and competitive advantages in reliability.
Queensland has growing capabilities throughout the battery value chain
Cell manufacturing for lithium-ion batteries will have a $136B market by 2030, contributing up to 45% of battery value-chain revenue
Queensland has some advantages in the upstream battery value chain, but cell manufacturing capabilities are key to supporting a local industry.
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