Is there something in the U.S. infrastructure bill for us?With everything seemingly poised to happen for this company .... and then it doesn't ... I have to wonder if there isn't something important for Fortune in the pending U.S. infrastructure bill. Considering the excessive number of NDA's and numerous other highly-positive signals .... it just seems logical that what may be holding things back is the passage of this bill.
Keep in mind that Biden began talking about an infrastructure bill almost from the day that he assumed his new job. So it has been a very LOOOONG time coming. I also read where in its present form the bill is 2,700 pages long. So there will be a great many thing burried in the fine print.
Biden has also made it abundantly clear and has actually emphasised the point that he wants the U.S. and it's Canadian partner to rapidly ramp up the entire battery chain. Someone must have told him that we are presently far, far behind Asia and Europe in the whole battery area.
From where I sit, the Nico project clearly checks all the boxes and should have been given the green light long ago ... yet is apparenty remains stalled for some unknown reason. IMO, the single most logical reason is that it is a part of the delayed infrastructiure bill. No other answer seems to fit nearly as well.
Occam's Razor states that the simplest solution is likely the most correct one. We'll see.