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We know there is a results presentation and meet the investor live session on 29th July so worst case is 5 weeks to wait. But I am expecting 2 RNS before then:

-Outcome of PRIMED / 50Ah programme which completed this month

-Defence announcement

Whilst these lulls between RNS can be frustrating I see them as an alternative to pick up cheap shares which is exactly what I have been doing. I also don’t think it is realistic to expect an update every other day. Trust they know what they are doing and let them get on with it. If you don’t Trust what they are doing then don’t invest.

The trades around 30.7 to 30.9 are buys not sells. I am one of those that has been busy adding and now average 32.5p.

Looking forward to upcoming RNS.

Wishing everyone a good weekend 😎

AJP / Elsol please could you advise what is the email address you contact John on? Wanted to make a suggestion for the forthcoming trading update.

@ConservativeYank I clicked send before finishing my comment. The point I wanted to make was that Ilika are NOT behind the curve. The solid state era will be 2030 onwards and Ilika is well on track. In fact it is ahead because its tech is already used in medical devices, electric bikes and soon the defence sector.

@undercarriage nobody pi55es £40k away

CATL chairman Robin Zeng says solid-state batteries won't be commercially viable before 2030, citing engineering hurdles and production scale needs of one million vehicles.

https://battery-tech.net/battery-markets-news/catl-says-solid-state-batteries-wont-hit-market-before-2030/

Peter Nieuwenhuizen is a non-exec member of the board so he is buying these shares out of his own pocket. He holds 36,857 shares which is about £40k. That is not small change!

I think there will be a plant in Europe in the medium term given the extraordinary growth in European business driven by stronger legislation compared to the U.S.

as per previous posts I think Peter will help the company land a large EU grant thanks to his valuable connections. No wonder he keeps buying. I guess it must be easy for him to see beyond Octopus Investments drag on share price as he knows the bigger picture and what is coming.

*further payments during 2026

@katstrangler I frequently include the link to actual information provided by Ilika and its business partners.

To correct you on Stereax income. £100k was the initial payment and GP said there will be further payments during 2027 on delivery of component parts.

To correct you on Goliath, there was a recent update on 50Ah in the presentation given a month ago. (Please see one of my previous posts with the link). A further announcement will follow shortly at the end of PRIMED which completes at the end of June 2026.

Brompton agreement and a potential Defence agreement on 10Ah is an unexpected bonus. Defence could be extremely lucrative and an announcement could land any day. In his last interview GP said this would excite shareholders (or words to that effect).

So I am going by what is already in the public domain.

@katstrangler the company isn’t going to do a cheap placing just because you want one.

Why on earth would it do a placing at this price when the share price is likely to be much higher later this year, and they have sufficient cash to April 2027. The fact they haven’t rushed out and done a placing when the share price was recently 40p should tell you their high expectations on Goliath.

The negative drivel you put out during quiet periods inbetween RNS updates is repetitive beyond belief. Again I challenge you to come with some actual factual information with a source behind it.

It looks like OI will not let the price fall below £1.00. I suspect they have a limit order set as I have not seen any OI trades below this. So I don’t think you will get your wish.

Personally I would prefer that they sell the whole lot at a discounted price and get out. I would be happy to fill my boots below £1 and I’m sure other LTHs would.

Itaconix really need to find someone willing to buy up OI shares. Hopefully that is something they are working on. We need to ask this at the next investor meet company session.

I think that Peter Nieuwenhuizen knows what he is doing and he now holds 36,857 shares which is not insignificant. He has always been very open about the fact that it takes time for a company like Itaconix to come to fruition and they investors need to take a long term view.

I don’t think anyone of us could have foreseen Octopus Investments imploding like this but one day they will be out the picture. When that happens anyone still holding Itaconix will see a big rise. I’m still banking on January 2027 being the month we start to see the share price gain solid traction. But let’s see what H1 comes in at in July.

Oh and just to note that Itaconix’s Chairman Dr. Peter Nieuwenhuizen is very well connected in Europe having previously been a founding partner of the European Circular Bioeconomy Fund raising 300m EUR.

All speculation of course but which Itaconix director has been busy buying shares 😉

John Shaw has liked this article on LinkedIn. I’ve managed to find the actual article and link is below. You know how John mentioned about getting a plant in Europe. Well maybe this is how. Needless to say if this happens we would all be rich. Let’s hope Itaconix are getting a bid for EU monies ready.

https://www.catalyxxinc.com/2026/catalyxx-secures-20-million-in-eu-funding/

Catalyxx, a technology company that combines bio-feedstock and a chemical process to produce drop-in, cost-competitive, carbon-negative chemicals, has secured a €20 million grant in European Union funding through RenewChem, a flagship project selected by the Circular Bio-based Europe Joint Undertaking (CBE JU).

The funding will support the construction of Catalyxx’s first commercial bio-based chemicals plant in Europe, marking a major milestone in the company’s transition from technology demonstration to commercial deployment.

Interesting news to keep following. Remember Jaguar Land Rover are the anchor customer and the government is making a £380m grant contribution to build a battery manufacturing facility that will play a vital role in delivering net zero and strengthening the UK’s position as a global leader in battery manufacturing. This is why Ilika’s strategic relationship with JLR is so important.

https://www.constructionnews.co.uk/contractors/sir-robert-mcalpine/mcalpine-to-be-replaced-on-4bn-gigafactory-12-06-2026/

An Agratas spokesperson said: “As the project has progressed, we have determined that a different construction delivery model is needed to support the next phase of our development.

“Following a review of the project’s requirements, we have decided to transition to a new construction partner. We thank our existing construction partner for their support to date.

“This change reflects the evolving needs of the project, positioning us to deliver the next phase with the capability and focus required to meet our objectives safely, efficiently and on schedule.”

Some big back-to-back buys going in at 2.27pm and 2.28pm. RNS could be on its way next week. Enjoy your weekend 😎

That is pleasing to see. Also decent buying action here in UK over past 2 days exceeding any sales by OI. Momentum starting to build at last 😃

Honestly Katstrangler I love reading your posts because they make me laugh out loud which is proven to be very good for stress release.

The 10Ah batteries are not a distraction, they are an incredible additional opportunity that has arisen thanks to the excellent work Ilika are doing. You will find that this closely matches the size of batteries in many drones. Defence spending is booming in Europe and the U.S. and as others have pointed out they will not allow Chinese tech.

An update on the 50Ah Primed program is not due until the end of the program which finishes end of June, but from the mid-May webinar we know they had already done their first successful test run on the flexible industrialisation line.

And quietly in the background progress with Cirtec and its customers continues for the Stereax minature battery which is so safe and advanced that Cirtec want it for implantable devices in the human body. What a testament to Ilika’s technology.

Ilika has 3 enormous sectors: Health/Medical; Defence; EVs. Success in any one of these will make shareholders very wealthy.

PS - out of curiosity do you drive a Chinese car? If not, ask yourself why!

It takes many years to develop and build a rocket. You don’t get off the rocket just as it’s preparing to take off. Patience will reward us handsomely and current price is a gift IMHO.