VoltaXploreI understand the sell on news thing...Maybe people were expecting the announcement of a firm contract with Tesla? 1000 kms range??
As far as i am concerned, MRE and GRA should have no problem funding the first 2GW plant, with governments grants, firm takeouts, some debt and capital raise in the markets.
Getting to 10GW by 2026 is a tall order but doable. VoltaXplore( their numbers) should have a cost of 110$US per kWh, wich would be amazing, and( my numbers) around 300M$US in Ebitda, wich at 15 times, would value VoltaXplore around 4,5B$US. Let,s say GRA still owns 30% of the company by then, that would mean 1,4B$US in valuation for GRA, plus the rest of GRA wich should be worth at least what iti is worth now, say 500M$US. So, that would be a stock price in the 20.$ range in 4 years.....
And since they haven't fully opened their kimono on the technical performance of their batteries as far as range, charging speed, durability, security, etc...., i think the valuations could be much higher.
Soroush and his team have always delivered on timing and cost of their plants, less so on the marketing and selling side of the business.
So, tall order, but doable, lots of upside still!