I agree, Anteo may not feel so free to specify the progress with Mercedes. s/holders won't get much progress about the ultranode program other than more purchases. but we will hear about the design freeze within the next few months. silence will be telling in itself
so news from Mercedes may dry up but there is so much more solid news that could come.
when I listened to the annual report webinar last week, David said there were milestones that would be completed this year, which fits in perfectly with what has been signalled in announcements
in the webinar David said about mercedes interest in Ultranode. a sale and a 2nd generation program has begun. also said that ev2 and ev3 are pushing forward. been 2 months since and if they follow Mercedes path an order of anodes will be coming. and we know what the asx will demand from that
also have consumer batteries and Wyon commercial deals short term.
I believe we could have up to 3 more non dilutionary grants applied for on top of the $1.4m from the QLD govt. and we have support from strategic partners mentioned.
production facility close to being able to sell 20k litres, anode production being set up as well as anteobind automation plans
further life science deals
separator 1 test results happening around agm
marketing comm specialist starting and fabian in 6 weeks
all major milestones that should/could happen over the next 3-4 months. that would grab the markets interest.
ps. I'm not sure the flip/floppers have flipped back in the last week but they are both very floppy at the moment
ADO Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
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