RE:RE:94-year old Lithium-Ion battery inventor unveils new ultra .In the last update they mentioned that the following are to come -() = drill holes, B = batches
-B2 (7) and B3 (3) results to come before Jan.
-B4 (7) and B5 (10) expected late Jan.
It's frustrating because, they are drilling and have experienced de-valuation while most Cobalt plays have been appreciating without a drill program, except a few.
Let's see what happens next but news are expected in the next month on many drill holes.
Another thing that could be interesting for them is the proximity to ECS.
There has been a few M&A in the space so that is a remote posibility.
Right now, I'd be happy with some valuation from the market.
To date, it's definitely underperforming.
Results will be telling.
rotten2core wrote: Not only is that battery technology unproven and nowhere near production, they only operate as low as -20C. Current EV battery technology operate as low as -40C. There are an awful lot of people who live in climates where -30C is typical in winter. Battery technology for EV's wont be changing anytime soon (10+ years). Any expert will tell you this.
As far as USCO goes, I too am dissapointed with the management of this project so far. I like the expedited drill program and I am excited about the potential here, but where are the results?? This is a "show me" world. So show me or I'm out. GLTA