Any Government Grants Incoming Before Financials Release?That NanoXplore credit facility having been secured was likely contingent on the $80 Million worth of Federal Canadian Government funded grants having been secured.
Come on now. Is it too much to ask or the NanoXplore balance sheet to be necessarily padded with that $80 Million worth of grants and that amount of capital to be allowed to remain on the NanoXplore balance sheet long enough for the NanoXplore share price to be revaluated (at the very least up to $4.60) by or on behalf of the various equities analysts over at Royal Bank of Canada, perhaps B Riley Securities (Patrice McNicoll and "friends") and all the other equities analysts following NanoXplore?
At that point, when the share price is taken up to at the very least $4.60, NanoXplore can seek to raise $100 Million worth of capital for use in any M&A activity deemed quite worthwhile.
I heard tell that there are some particular battery modules assembly and full battery pack assembly facility "assets" which NanoXplore could seek to purchase it's way into equity controlling and adding said assets to what would be a 8,000 tpa battery component materials manufacturing capacity facility, which is to be built as part in parcel of that 5 year strategic business development investment plan.
Now that reads like a plan yes?