RE:Business developmentHello Ridethewinners
First, I'd like to suggest the proprietary intellectual properties and NanoXplore provisioned technology supporting the VoltaXplore battery cells manufacturing enterprise is in fact "ageing" quite nicely.
As you correctly suggest ridethewinners, NanoXplore's exclusively controlled technological IP is ageing nicely as we all wait for the requisite degree of clarity regarding, amongst other factors, when precisely the Federal Canadian Government is going to begin to allow "all" the battery cell manufacturing machinery acquisition costs and overall percentage of cost to operations deductions applicable for the VoltaXplore and also many other battery materials manufacturers and battery cells manufacturers supporting Canada's own link to the North American and global battery cells manufacturing supply chain; this, amongst the issue of exact timing with respect to the receiving both by NanoXplore and by it's VoltaXplore subsidiary of other Canadian Federal Government funded "capital grants" and likely previously agreed to inflowing capital investments commitments for both NanoXplore and also it's now 100% owned VoltaXplore enterprise.
In my opinion, It could be that you are misreading the immensely positive recent development with respect to NanoXplore's revenues derived specifically from just one of it's clients, Paccar.
Paccar has sold out it's build slots for the remainder of 2023 and well into 2024. This would mean that the amount of revenues derived by way of NanoXplore manufacturing and supplying Paccar all the required lightweighting graphene enhanced class 6, through 8 trucks composite parts and components is now locked in for the remainder of the year and well into 2024; and that's just for one customer, Paccar.
Granted, you are absolutely correct about the capacity to manufacture constraint which NanoXplore would be experiencing, due to so much graphene enhanced lightweighting parts and components business being sent NanoXplore's way by Paccar, Volvo buses and trucks, etc.
To your point, building excess manufacturing capacity to fulfill the increasing needs of NanoXplore customers takes the necessary time and invested capital for sure. Although, I would expect there could be a more immediate remedy employed in order to satiate such customers demand for NanoXplore's automotive lightweighting Graphene BlackTM" enhanced parts and components products.
Hmm? When was NanoXplore's last most recent "tuck in" business acquisition. It seems to me, again it just seems that way, as though NanoXplore has made a business acquisition every year now.
Buying a complementary business unit and necessarily investing (see the already sourced U.S. state and Federal Governments incentives and specifically directed capital supports for NanoXplore to do so) in a immediate expansion of such a business's now graphene enhanced products production capacity, doing so in preparation for hockey stick shaped growth of straight across the board NanoXplore downstream business segments due to customer demand, is a more immediate and cost effective way to meet exponentially increasing customer demand for NanoXplore's graphene enhanced composites automotive parts and components.
Finally, I'll agree with respect to your specific point regarding proprietary graphene enhanced drilling fluids being a integrated "downstream product which can be accelerated into production very quickly. You are certainly correct in suggesting "This company is all about incremental gains over time and that "drilling fluids could accelerate faster without a lot of new equipment and financing, safety trials and partner validation".
That too is a fine idea ridethewinners.