Nano One Materials Corp. T.NANO

Sad day for Nano One. Sad news.

[Lawisfun]

L&F Corp. has been making LFP CAM for 17 years and makes it their way.  There is no evidence L&F is using One Pot and it is likely unwise to assume otherwise. 

Unfortunately, L&F will scale much faster than Nano One. Therefore L&F will likely satisfy the full demand of CAM to meet ONE’s 20 GWh needs when the company’s factory is scheduled to be at capacity in 2027.

Nano was wise to delay construction of their commercial LFP plant until they secured off takes and government funding. However, this comes at a cost of being slow to enter the market.  And therefore L&F was granted the opportunity to eat Nano's lunch. 

Congratulations and good luck to the new partnership between Our Next Energy and L&F.  They will make a happy couple.  

Wish ONE could have waited for Nano but it understandable that they needed to move ahead with their business without Nano. 

Hopefully Nano gets some good news soon. Lord knows we all need some good news. These disappointing updates are the opposite of what Nano needs during these extended periods of deep company distress. 

good luck to all the longs.

[Lawisfun]

There is a zero percent chance L&F are in construction of their LFP plants and are licensing One Pot and yet Nano One has not disclosed this actual licensing deal to shareholders.  You would need to be deranged to believe that to be true.  It does not help Nano investors to mislead them into believing One Pot is being licensed to L&F when there is no reasonable chance of that