Post by
ridethewinners on Apr 30, 2024 11:04am
as advertised
It seems like we are finally getting some progress, and it is good that it is as management had indicated.
A non dilutive credit facility is the first step, too bad it came on a very down market day, but this is not an unexpected development, and likely would not move the stock regardless.
Interesting that in the PR they specified further non dilutive grants, there must be increased confidence that those are imminent.
Although this company delivers later than I would like, they are consistent in doing what they promise.
perhaps everyone that was forecasting dilution will now believe what management has been saying.
Volta is key from here. They need an anode contract to justify building more graphene capacity, and a second Volta offtake to cement that financing, and justify even more capacity increases.
It looks like one more year of incremental growth before revenues begin to sharply increase.
Best of luck