RE:Not - BASHING ! Lineminer, I personally have no problem with anyone asking the hard legitimate questions. They should be asked. Full stop.
I see posts indicating the Arizona positions have been filled and that Sue has indicated an Arizona office will be opened in the near future.
I absolutely believe Exro needs a Corporate presence in the U.S. i.e. a Subsidiary. I contacted IR on this a week or so ago but have not rec'd a reply as yet.
How does this sound. An Arizona sub is established with an partner investor, say Lucid or similar - much in the same way Exro has invested in convertible pref shares in Land. The investment would fund the newly hired engineers working out of the Lucid facility in Arizona. Lucid or similar would ultimately have an equity stake in the US sub when the conversion rights on the pref shares are exercised.
As I mentioned, I sent an email to IR outlining my thought without the specifics - no reply. So, I assume they are too busy to address my email or they think it's not worth addressing or maybe it hits close to home for an upcoming announcement.
BTW, has anyone seen the 5 year management projections for Lucid? Outrageous!!! (in a good way). Revenues of 22.8B and EBITDA of 2.9B projected for 2026. Of course projections are just that as lineminer rightfully points out. Show me the money as they say but that is impressive to put that out in the public domain nonetheless.
Question. Would Lucid be cosidered a Tier 1 partner or maybe a Tier 1b in your opinion?
Would appreciate some thoughts and keep up the good work on the posts!