Could be a boomer stock and there's a few billionaire families in Indonesia with close ties to the Goverment and have close ties to China who could easily pay for converting the lead acid battery factory over to lithium ion battery and build new mega factories with there small change along with what UTR can offer and there's all the extras like solar panels, wind turbines, redox flow batteries, and actual car factories like the Hartonoos and Salim group family who already have business interests in Australia already like being part owner of the idle Windimurra vanadium processing plant owned by Atlantic with VMC next door. Millions of tons of vanadium and lithium and gold etc
About time this company shaked a leg in informing shareholders as to what's going on and get some batteries produced for evaluation trials and the last capital raise was at two cents so there down aswell so don't let them shaft you.
Let's hope David Wheeler is a man of honourable integrity otherwise you won't be the first to be shafted and those with inside knowledge arnt buying all the shares up for cheap ripping investers off or transferring interlectual property for there own personal gain.
Ultra charge don't actually manufacture anything apart from the titanate anode ? but if it's as good as what it appears to be will change the face of technology as we know it and everyone will want to change over.
I should of spoken out yesterday until I saw the above and been in and out of OZB without loosing and wouldn't wish what happened in the end to happen to anyone.
Good luck
UTR Price at posting:
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