It would be interesting to note are we also in discussions with the Giga factory that make the batteries for Mercedes and I assume other EV manufacturers?
Are they the third party - You assume they are also interested as well.
Hopefully we can start naming names.
2.9c is quite funny - years ago with this news we would have went to $2.
The market will digest and I suspect we'll see some upward trajectory in the coming weeks.
The qrtly will be due in a week that will bring some interesting reading - We'll start seeing Mercedes all over it - It does give it a different take when you read.
Note: the below EV manufacturers are contacting us directly.
The word is getting out there:
"AnteoTech CEO and Managing Director David Radford said:“It is pleasing to receive direct approaches from leading car manufacturers that are now becoming aware AnteoTech’s unique capabilitiesbacked by compelling data."
First Commercial Agreement ??: Validation process completed last month?
"AnteoTech management met with this Materials Supplier at The Battery Show and have agreed the in-principalterms and scope of a Materials Transfer Agreement (MTA) and the initial research tobe conducted by this partner. A short validation process by the Materials Supplier is targeted for completion by September, and, upon successful outcome it is expected that a commercial agreement will be executed for this new targeted usage of Anteo XTM."
Any day now first Commercial Agreement.
Note ADO is not a one trick pony they have multiple multiple multiple opportunities in Life Science and Batteries that are now starting to fruition - watch this space.
Check Captains previous posts for the list.
Cheers
M.oz
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