Certainly possible Surges although given 2 teams in the play currently one a battery end user and one a battery component supplier I'm not sure it would be the strategy. It won't take much for ADO to NOT be cash strapped and that could come from the Diagnostic field in the near term. The low rate of cash burn is a credit to the management team.
Any buyout in my view would be a near sighted approach. There are many more strategies at play in my view. Namely Ellume's public listing possibility and how an equity stake should be on ADO's radar in my view.
Its a very exciting time with so many options at play. Looking forward to see how the chapters play out.
Investor Update, page-70
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