Advanced discussions with several battery manufacturerssaid Northern Chief Executive Officer Hugues Jacquemin. “We are in advanced discussions with several major battery manufacturers who are assessing Porocarb® for its potential to extend cycle-life for current and future technologies. The market potential of Porocarb® lies in its unique applications in tailored battery electrode formulations
Does "advanced" = moving close to dragging a deal across the goal line or just that discussions have moved off the yacht?