UTR 0.00% 0.2¢ ultracharge limited

Ann: Amended - Purchase agreement to supply lithium-ion batteries, page-19

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  1. 1,032 Posts.
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    This deal in itself is obviously not a company maker but, and this is the most important part for them, it is a proof of concept in a commercial setting.

    The battery tech I/P they own the has worked in laboratory testing, has the very positive commentary from the original inventor of the lithion battery but has yet to be proven on a large(ish) scale. If they deliver and it performs like it is supposed to then this is a small stepping stone to bigger things.

    Worth a punt at these levels in my opinion.
 
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