“Best battery tech in the world and we're only valued at 50m AUD with a cash-burn of almost a quarter of that amount each year
Didn't Panasonic just pay Sila something like 70m UAD upfront just to help them 'develop' their battery?
We got $60k last year
2 years into the Olympic Teams tenure and we've had 2 CRs and no deals ”
Opel, your final point is what I find most concerning.
When you consider the money being pumped into ev’s and battery tech (multiple $billions) and we can’t even attract a partner who is willing to pay us for our development work on their anode, something doesn’t add up.
How can we be leading the pack when those supposedly behind are attracting tens of $millions in development funds?
Manuel will once again be spruiking our tech at yet another battery show. We can only hope but as the days and weeks slip by with DR’s ‘no news is good news’ mantra, what are we left with but despondency at managements failure. Surely David Radford is smart enough to realise that his attitude to keeping shareholders informed is detrimental to the company and his reputation. It begins to look like a device with which to hide behind.
DR, you seriously need to drop the bluster and bravado and come clean.
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