Post by
1student on Feb 15, 2023 3:47pm
Regarding VoltaXplore capital funding
As expected, Mr. Nazarpour and Co are collectively waiting until after the Canadian Federal government's spring budget is presented to parliament by Canada's finance minister and Deputy Prime Minister, Chrystia Freeland, possibly during the 6th of April.
Now where had you heard that and much much more previously? That's correct. Right here and from me, lol.
See the Canada Growth Fund, "CGF" and all that I've been speaking to, especially with respect to what both Martinrea and NanoXplore representatives full well expect the federal Canadian government to pony up.
Given what Mr. Nazarpour did state, the VoltaXplore 2GWh manufacturing facility is going to be built within Quebec, Canada and Mr. Nazarpour seems to have also suggested that the Quebec government's financial commitment and various other supports for both NanoXplore and Martinrea and their co-owned VoltaXplore enterprise has already been suffciently secured.
As I indicated previously, the way I see it, the Federal Canadian government's Canada Growth Fund and the Quebec government representatives don't have to pony up all the invested capital for the proposed 2GWh manufacturing facility build. They simply have to signal for certain representatives of the greater investments community at large that both levels of government are just about ready to commit to providing their express support for such a project.
Then, following such a clear signal of public investment support on the part of said levels of government, the flood doors would be opened and more than enough of the private equity investment capital would be directed to flowing into supporting the VoltaXplore graphene enhanced battery materials and battery cells manufacturing enterprise, VoltaXplore..
As I previously indicated, the senior federal Canadian government representatives have not publicly disclosed who the "already selected" private investments manager of the Canada Growth Fund would be nor has the government of Canada appointed "CGF" governing representatives, qualified persons who would be representing the collective of invested capital contributing parties to the "CGF".
We note there is always a intentional delay to such a apointment process. It's a fabricated delay which serves in providing everyone interested the needed time to make arrangements for and capitalize upon the inherrent front-running of the government of Canada's involvement and it's triggered investments in the various previously selected publicly traded equities issuers, e.g. and for our purposes, NanoXplore, Martinrea International.
Caveat Emptor.
The very timing of the Canadian federal government's expected layout of it's $2 Billion contribution to the Canada Growth Fund and precisely when all of what I am refering to actually takes place is not a consideration you should ever discount.
In the meantime, you can full well expect that absent any publicly disseminated news of NanoXplore having successfully achieved another company milestone and "tangible deliverable" (and I am not suggesting that a single adjusted EBITDA positive quarter out of the coming next four quarters is the kind of "tangible deliverable" I am referring to), the NanoXplore share price, like plenty of other equities correcting going forward, will find it quite difficult to sustain the gains attained thus far.
Perhaps I shouldn't bother watching this investment for another 75 days.
After all, I get the sense the share price is going to be hammered downward once again.
Comment by
tinkvid on Feb 16, 2023 9:48am
We will just have to wait, April is not that far away! Graphene enhanced battery is only 1 aspect of NanoXplore business... What about all the recycled plastics for interiors....Dash Boards, Door panels....Reinforced foam for fender panels.....Automotive is just 1 aspect of the multi tentacled business. Graphene Black usage in Tires. Lots to like with NanoXplore.