RE:RE:?????????????????????????????????????????Have to disagree with your sentiment, Will101. Were you at Battery Day? I was. We toured the facility and listened to the presentation and questions. What they have created in Montreal at VoltaXplore is a pilot battery plant. They are able to make batteries from scratch. Which also means they have the in house power to vary the formula and continue to optimize a variety of different chemistries. What they showed at Battery Day was progress to date - which is already 20% better than the competitors in a variety of metrics.
They have the capacity to make better batteries. Soroush explained that they would be looking at the numbers again, in light of increased costs within the supply chain, to see if making the batteries still looks profitable for a larger facility. He shared an anecdote that other battery gigafactory announcements of late have "baked in" pricing deals with OEMs which are currently below the cost of actually making the battery.
That said, he was confident that when an announcement is made, no further funding from NanoXplore will be required - they have arranged private funding and government support.
We asked him about "marketing" to help with GRA share price, and he said that he did not feel publicity bumps in price were beneficial to the average private shareholder - "they always lose." Rather, he will let the actions of the company, as reflected in the balance sheet, tell the story.
And graphene sales are definitely ramping up.
So take heart.