Is A Share Price Drop Expected before And After The 15th?Historically, the NanoXplore share price is invariably made to sell-off either leading up to any quarterly financials being released or following the release of financials.
The ever increasing VoltaXplore expenditures side of the ledger would once again serve to keep NanoXplore from attaining net adjusted EBITDA profitability and G&A expenses would also be eleveated.
I could be and actually would like to be absolutely wrong here. Never the less, I am a realist and there is not likely to be any upward share price driving company news to be released within the coming 6 months and it's unlikely that NanoXplore's Q4 and fiscal 2024 year end financial results would be all that impressive, i.e. unless of course some or perhaps all of that clearly suggested as incoming $80 Million in Government of Canada funded capital grants monies actually arrives before the end of fiscal 2024 and NanoXplore balance sheet is immensely positively impacted as a result?
We note there is a particular $2 Million in additional revenues expected for fiscal year 2024, as relating to that customer and financier of the Quebec facility SMC product capacity expansion, which would be utilized to cover other company expenditures and would ultimately result in a net negative revenue impact from that particular $2 Million in expected additional revenue during this 2024 fiscal year.
It would be nice for some of that Government of Canada funded capital grants monies to flow on to the NanoXplore ballance sheet during this fiscal 2024; and yet, without those prerequisite offtake agreements and contracts for purchase of various products to be manufactured at the proposed 16,000 tpa graphene production and battery anode materials manufacturing facility, there would be no "Go" Final Investment Decision undertaken for such a proposed facility and no need for the Government of Canada to disburse to NanoXplore part of or all of the suggested $80 Million in capital grants.
At this point, perhaps the best chance for NanoXplore's share price to appreciate going forward is for a partnership with a globally recognizable battery cells manufacturer, in relation to NanoXplore's proprietary "SiGTM" anode additive material, to be forged and announced or perhaps that long touted and simply never materializing "commercial agreement" with a globally reconzed chemicals company to be fully and finally consummated and announced as such.
Once again, I could be wrong here. Never the less, the odds of any of this happening this year would not favor we NanoXplore equities investors.