Perhaps the best way that I can answer you question is in the following way: on November 14th, 2015 I had a lengthy personal conversation with a senior manager at Daimler AG/Mercedes Benz in Stuttgart. At that time he said the interest in Electric Vehicles (EV's), Hydrogen and fuel cell powered vehicles (FCV's), Energy Storage/Batteries and CNT's was almost zero. You probably don't need me to tell you this, however, since our conversation in 2015 everything has all dramatically changed. This is due, in large part, to the diesel scandal and the related and much stricter EU emission controls. Indeed the same senior manager recently said to me that now at Daimler AG/Mercedes Benz they don't talk about anything much else at all! This is not only case in Germany, but also throughout Europe.
The same thing can be said about Eden and their Hydrogen related possibilities. Even as little as 12 months ago, there was literally no interest at all in this. However, this has also drastically changed, particularly in the last 6 months.
The same goes for Energy Storage/Battery solutions, where the race is well and truly on to significantly improve the performance capabalities of EV's, which will hit the German and European streets in a massive way next year. CNT's are perfectly suited to increasing the performance of the batteries as well as reducing their weight. This development will significantly increase the driving range of EV's, which has been the stumbling block up now and severely hampered the commercial roll-out of EV's. Here once again, Eden is very well positioned, quite possibly also in the area of FCV's.
On another front, I had a lengthy telephone call with Stanford University two weeks ago about their work on carbon based nanomaterials with applications in nanoelectronics, nanobiotechnolgy, nanomedicine, energy storage and electrocatalysis. See following link:
One of their projects that caught my attention a few years ago was Professor Hongjie Dai's breakthrough method of using CNT's as a method for curing cancer. See following link:
Although this method was originally developed in 2014, the reseachers at Stanford Uni have generally noticed considerable progress in the development of CNT's for a very wide range of applications, particularly in the last 12 months, which has helped them on a number or research projects enormously. Here again, companies like Eden who can produce CNT's on an industrial scale are in the box seat. Due to their unique and patented pyrolysis process, Eden can also produce these CNT's with significantly reduced GHG emissions and all at a very low cost.
What is tremendously exciting at the moment is that research teams like Stanford have their own labs and are busily developing CNT based applications by themselves. They will then look to CNT producers like Eden who, in cooperation with the lab, then fine tune their CNT's to perfectly suit each specific application (Stanford Uni already have standard procedures in place for doing these type of collobarations/JV's). For example, according to Stanford Uni, single-walled CNT's are much smaller than multiwalled CNT's and are thus preferred for biological applications (at the moment Eden are only producing multiwalled CNT's). Therefore, if Eden had to supply CNT's for a biological application, they would have to change quite a few things. Although this is theoretically possible, I would imagine that the top priority at the moment is definitely EdenCrete and then EdenPlast, with batteries, rubber and steel further down the track (all are existing multiwalled CNT applications). Having said this, if a major market was to open up for Eden at sometime in the next year or so, and provided it was economically viable, I am sure Eden would be very interested in developing and fine tuning single-walled CNT's for biological applications etc.
I could go on for hours about the recent developments and the increasing excitement in the "CNT" and "Hydrogen" world's, however, I think you probably already get the clear message that there is a lot going on "on the street". My "connections" also regularly continue to confirm this. GS's statements within EDE's recent prospectus, investor presentation and half yearly report, about companies being interested in Eden's CNT production and hydrogen possibilities, as well as discussions already taking place with some of these companies, also provide ample proof that Eden is indeed in a very good place to take advantage of all these excitement developments.
Best regards,
Mark
EDE Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
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