RE:Watch out below if VoltaXplore does not get the go aheadHello Will101
It doesn't matter whether NanoXplore goes ahead with the merely proposed and now infamous 2Gwh capacity Garaphene-Silicon anode comprised battery cells manufacturing facilty Will101.
Alas, what matters for some is that Soroush & Co lay the groundwork which would allow those "high net worth clients", i.e. persons perhaps serviced by the various underwriters of that previous $30Million bought deal, to once again have a reason to short NanoXplore shares into the ground.
In fact, during the recent conference call, Soroush Nazarpour told investors and analysts alike that the various long known as outdated and so called supporting "costs assumptions", with respect to the viability of actually building and placing into operation said now infamous VoltaXplore manufacturing facility, have been made to be entirely wrong and therefore completely useless.
You stated, "In my mind, it is imperative that GRA becomes a player in the battery segment to still be perceived as a tech company, with multiples attached accordingly."
RESPONSE: There is no misperceiving the very fact that all the supporting costs assumption having been previously arrived at by and determined by Mr. Nazarpour et al., are now obsolete and entirely useless. Again, Mr. Soroush Nazarpour said so during the conference call.
They don't know where said now infamous facility is going to be built and they don't know that it can be built, given the current specific detrimental variables at play.
"The fix is in" and the NanoXplore share price is, as you can see for yourself, being taken down to perhaps the $2.50 level, perhaps even lower.
During the recently held company conference call, had Mr. Soroush Nazarpour's intention been to throw a large and soggy towel over this entire VoltaXplore enterprise ("shiny lure and hook", so to speak), he certainly did acheive his goal.