The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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That was 2019 this is 2023
https://www.ilika.com/latest-news/ilika-leads-8-million-collaboration-with-industry-experts-to-deliver-its-solid-state-battery-ready-for-automotive-level-performance
During his last interview the CEO stated how some of the technology from the technology from the lessons they learnt from the smaller solid state batteries was being used in the EV battery, patented? and is this the shared Toyota patents?
Has ilika still got agreements with JLR. Yes they are partners in the faraday battery challenge?
https://www.ilika.com/latest-news/further-grant-support-from-faraday-battery-challenge
Became disenchanted with the share don't have a big holding bought at £1 and again at 50 p eventually we will see those prices again I believe 👍.
I would have thought with BMW and WAE in our steering group for the Goliath SS battery that it would be more preferential for it not to be jaguar then there are the joint patents we hold with Toyota but who knows only Graham watch the presentation though for an insight.
Thanks for the Link Cadellin
I watched the full hour and apart from the disappointing ( but understandable) need to out source the production when it goes to scale , the management made sense and seem to be progressing on both Stearex and Goliath.
Its a long term hold but it looks like some peops are buying in given the price rise for the longer term gain
GLA LTH
Has ilika still got agreements with JLR. If so the proposed news of the site in Somerset could be very good.
Sorry, the link take you to Sky live today, you’ll find it on LinkedIn search Ilika Sky.
Https://m.youtube.com/watch?v=NYnCeQMQj5I&pp=ygUcSWxpa2EgaW52ZXN0b3IgcHJlc2VudGF0aW9uIA%3D%3D
Can't find it, all I could find was Chris pakem talking about butterflies?
Sky news …….https://lnkd.in/d9yMV22
I've met and spoken to G.Purdy a couple of times and he is very hard working and dedicated to making IKA a success. It's just doesn't seem to be working for IKA despite all his efforts.
How can Mr Purdy justify paying himself £340,000?
Hard not to come to the conclusion that we are just paying for Directors.
It's not.
However the link would be they are both doing "solid state" batteries...so kinda relevant.
I would like to stand corrected but when the share price was up at 1.50 and now languishing low 30's It's hard to stay positive.
Graeme purdy spent time at another share where I got sh++ted BCN with Peter Secker seems he learnt well then.
I don't like today's results one bit. I can't really see anything positive. This snippet from the results speaks volumes :-
Turnover
Turnover, all from continuing activities, for the year ended 30th April 2023 was £0.7m (2022: £0.5m). This includes £0.7m of grant income recognised from four projects that the Company has in progress with Innovate UK (2022: £0.4m from seven programmes). Non-grant turnover in the year was £0.0m (2022: £0.0m).
😐
Https://insideevs.com/news/675517/toyota-battery-breakthrough-745-miles-range/
Non-paywalled version https://www.theguardian.com/business/2023/jul/04/toyota-claims-battery-breakthrough-electric-cars
Though I am unsure whether this is linked to IKA
Have Toyota got over the finish line?
https://www.ft.com/content/87cb8e92-8e82-4755-8fc3-2943f8f63e1d
With Toyota pushing solid-state batteries into the mainstream this hopefully generate a sense of "maybe Ilika are onto something" back here in the UK, so seems like a net positive for those considering investing in Ilika, also considering the patents you mention.
Https://www.independent.co.uk/tech/battery-range-electric-vehicle-toyota-b2357354.html
🤔 We worked with Toyota another deal gone wrong?