I thank Matt for a very detailed and informative report, I can clearly see a change in way of reporting to such extent, much was shared with shareholders and market.
Many of us here might be able to see his footprint in this report from many years of posting on this forum.
It is good to see the board came through with improving style of reporting and giving shareholders a clear perspective of what is ahead.
Surface modified silicon
During the past quarter Anteo has received strong interest from external parties in surface modified silicon products. The following months will see a greater focus on further progressing Anteo’s opportunities in this area. This will be achieved by placing more emphasis on the evaluation of various silicon particle substrates and the combination of such substrates with AnteoCoatTM to achieve performance improvements in lithium ion battery cells. The preparation of an R&D plan with input from these external parties is currently in train
Combined with this :
The composite combines silicon with other components into a conductive network structure before being integrated into the graphite anode, thus eliminating the need for the integration of individual silicon particles. This approach is focused on achieving medium to high silicon content anodes with a silicon fraction of up 40wt.%.
And finally, as if this can be viewed as weakness, as posted here by some, it is a clear sign of confidence:
Additional team members will not only support increased testing throughput and accommodate upcoming work with external parties (as required) but also ensure that progress can be made on multiple product opportunities
To be able to increase ones team at times of tight company finances can only point towards confidence of short term commercial opportunities, IMO.
My personal impression is that this opportunity is further outlined here and actually comes from our POC market:
- In-depth discussion with LFIA developer
- A significant number of business opportunities exist for the use of AnteoBindTM for nanoparticle conjugation product kits and services especially for europium and gold particle
Now imagine Matt would still post here and unravel a remarkable show piece of the europium opportunity.
- The China market for PoC and LFIA is growing rapidly and many local Chinese companies are now focused on developing europium-based quantitative LFIA
And this is the course of the deep pockets orchestrating the latest rally, which saw a net accumulation of about 20 mil shares without raising the price , in my very humble opinion:
- From direct interactions with several Chinese local start-up and semiestablished LFIA & diagnostic companies, it is clear many of these companies are actively seeking to improve conjugation performance and were very interested in the Anteo package of Validation Data
Our board places this now as high priority:
- Given the large contingent of Chinese companies exhibiting at the AACC, the strongly growing LFIA market and the excellent feedback received to the Anteo Validation Data package, a high priority is being placed on finalising a ‘market entry’ strategy for China
Emphasis on finalising, not initiating.
This report confirms my initial suspicion that there are deeper pockets to have arrived to secure register percentages for numerous reasons down the track.
all in my humble opinion
ADO Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
(20min delay)
