Is it just by chance you've chosen 3-6 month as the SP projection time frame or does this have anything to do with the JV adventure agreement that was recently announced?
According to the terms on this agreement, significant news regarding the Indonesian military placing a minimum USD $5 million order of UTR batteries could be just around the corner. This will no doubt see a fair spike in the SP. We could even see 6 or even 8c out of it, but IMO its going to be a new yearly high.
But now let's add another 6 months onto that and say that the Indonesian military did place the minimum order and UTR have proven their worth with Blitz scooters. By now UTR have secured their first legitimate customers and they are on the radar of every drone, scooter, phone, laptop, hand held gaming, UAV, hoverboard, digital camera, EV etc etc company in the world whose looking for the edge over the competition.
Add another year, throw in a big manufacturing agreement and an mou two, and then we'll see 50c.... aka a MC of 500M
This projection might've been wishful thinking a year ago, but the ball is now rolling
