RE:RE:RBC reportWhat's more, Mr. Nazarpour clearly stated that the company is expecting any would be "BAM" production offtake purchase agreements issuing companies to also be bringing to the table a provisioned ability for NanoXplore to quite easiliy have financed the very amounts of capital needed for both the construction and the operation of said manufacturing facility complex.
During that very same Q1/2024 conference call, Mr. Nazarpour went on to suggest that the additional requirement by NanoXplore of any would be "BAM" production offtake purchase agreements issuing customer or customers to also be bringing to the table a provisioned ability for NanoXplore to quite easiliy have financed the very amounts of capital needed for both the construction and the operation of said manufacturing facility complex, would likely be prolonging, perhaps well into the first half of 2024, any efforts at successfully locking in any would be and clearly prerequisite "BAM" production offtake purchase agreements issuing customers.
We have to keep in mind the possibility being that should such would be "BAM" production offtake purchase agreements issuing customer or customers not be willing to also provide NanoXplore with the additional sustained financial supports required to actually have said manufacturing facility complex built and operated, e.g. clearly non-dilitive credit facilities/ low interest loans, etc., NanoXplore would likely not be undertaking the construction of the proposed 8,000 tpa graphene enhanced "BAM" manufacturing facility and 8,000 tpa "dry process" graphene manufacturing facility complex.
Also keep in mind that the purchase of the property required would not be undertaken until 2024, due to eligibility requirements for such lands purchase relating to the Canadian Federal Government provisioned Investment Tax Credit.
Clearly, should the requisite land/property actually be purchased by NanoXplore during 2024, "the preferred" kind of "BAM" offtake purchase agreements issuing customer or customers would have been secured and the project in question would be provided a GO Final Investment Decision.