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Ilika (ILIKF)

OTC Markets
Currency in USD
Disclaimer
0.35
0.00(-0.62%)
Closed

ILIKF Comments

used to like this stock but it is what it is. a dog
this stock is like going to Vegas and betting a 2 is the high card
Super bullish. Love this company
Ilika has now entered into detailed commercial discussions with two of the FABs, with a view to concluding discussions in Q4 2020.   Ilika confirmed, in the Final Results announcement on the 9 July 2020, that the contract had been awarded for the most significant long-lead equipment item, Tool 1, a custom-designed evaporation tool for the rapid deposition of cathode materials for Ilika's Stereax batteries. The Company continues to expect that this will be ready for delivery to Ilika in Q4 2020 for process development.   Ilika has now also placed the order for Tool 2, which deposits the remaining battery layers on top of the cathode. The delivery of this tool is synchronised with the delivery of Tool 1 to ensure optimal deployment of capital. Tools 1 and 2 are balanced to deliver a 70x productivity increase relative to Ilika's current pilot line capability. I would say 70 bagger ;)
Maybe a 50 bagger in the coming years ahead.
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