just some back of an envelop calculations to start off the year...

just some back of an envelop calculations to start off the year

sp has been trading around 1.8c for a couple of months now giving ADO a market cap of about $50m

anteotech has a commercial deal with SIOI, with a min spend of $560k per year, just before Xmas this has pretty much doubled already, with SIOI still only testing anteobind products in a range of products and different uses at the moment.

being conservative a final revenue figure could be around $3m -$5m per year

anteotech is working with Vidcare with a commercial deal early 2025 with expected anteobind orders to be "material"

seeing anteo are dealing with other Indian POC companies, add extra revenues of say $2m per year

then anteo has it's 20k lt anteox facility up and running (all testing at the moment would be using batches from this set up). it's been said that expansion to 80k lt would be easily and quickly achieved.

anteo has many partners testing anteox and ultranode and probably a few more from the aabc conference.

1lt of anteox is needed for an ev battery. initial pricing suggested around $400/lt.

without any further expansion for manufacturing into europe, which from Fabians interviews is going to happen, selling the 80k lt would return $32m, say anteox sells for $300lt, would still bring in $24m.

things still have to happen and be announced but it isn't beyond possibility of anteotech receiving at a minimum around $30m -$40m pa in revenues within the next couple of years.

with a pe of around 20-30, what potential market cap would that give anteotech.

still just pure speculation and everybody do your own research but IMO plenty of upside for ADO's sp.

GLTAH, IMO, DYOR

ps. it's all just my opinion and just speculation at the moment, so some posters don't need to get their knickers in a knot about it !!!!