Who is the "Korean Cathode Manufacturer"?It's interesting that the first recent news release about the MOU identified the specific company (Sonid), but the second news release about the battery tests only identified the company as a "Korean cathode manufacturer".
You would think that if both news releases were about Sonid, and the company name was mentioned in the first news release, their name would also appear in the second news release. And since both articles were released relatively close together, one would naturally assume both articles are about Sonid.
But what if the "Korean cathode manufacturer" is a different company that wants to remain anonymous, and the close release of the two articles was just coincidence?
There are lots of large Korean companies in the EV battery market. If one of them were thinking of using Recyclico's process, they may want to keep that secret from their competitors for as long as possible. Pure speculation at this point, but if true, would be huge for Recyclico and the stock price.
Time will tell. In the meantime, enjoy the current climb!
EagleNest