Guys, I’ve been on a similar situation before. This situation post BP’s investment where anticipation builds continuously until the real deal is made. What do I mean? I held a stock that returned 20 baggers in a few months because of a series of announcements and media coverage that keeps on heightening the anticipation every week, every little update on the project added to the suspence and fomo-effect. This continued until the real showdown. PO3 does have that hallmarks in the way the company are building anticipation via developments here and there (lots of cylinders preparing to fire) on route to the major Ann or breakthrough this year, namely the commercialisation of our first water treatment Product. Meanwhile Po3 keeps making the headlines as one of the best ASX microcap in a massive and hot Cleantech sector where even foreign investors led by two Michigan billionaires have dabbled into. What are the elements precipitating a shareprice returns downpour?
Licencing agreement with somnio - ticked
OEM partner agreement, and likely offtake payments with a coy confirmed we’re dealing only with Multinationals with the financial and production muscles to take the product into a major rollout
Patents approval
Water treatment prototype development completion
Water treatment manufacturing plant build
Commencement of manufacturing of FRG Core technology
Staging the first water treatment product
Air purification field trials including the Indian TB tests (both 1 month and 3 month to enhance the tests efficacy)
Air purification licensing agreement
Appointment of key positions for status as a producer
Product development of various products within the 3 verticals
Monash trials for medical sterilisation vertical
Plus a mix of other updates for a plethora of products being planned for the company,
Plus sustained anticipation on major deals where BP’s connections and prowess as a PO3 Director help to bring into the table
Therefore, sell at your own risk. Not advice, decide based on what makes you sleep better
Cheers
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