RE:government financing I see GREENThe feds just invested $27 million into E3, an pre-revenue Alberta lithium producer. VM's project requires more effort to convince the feds to invest compared to the lithium EV battery space which is a hot topic.
https://www.canada.ca/en/innovation-science-economic-development/news/2022/11/government-of-canada-invests-in-e3-lithium-to-advance-canadas-ev-battery-production.html
biggdogg wrote: from powerplay interview, they are applying for grants and debt from government, with carbon neutral, this is highly probable. The sellers are not too bright. With gov funding any additional funding will be easily aquired. They are marketing their brand now, it will not be too long before they have first sale. I would suspect that Alberta government is going to buy this product to suppoert a local produced contrast drug. And get their plant built to create jobs and diversify the AB economy. All looks great. Keep dumping shares, I am sure there is a small financing coming to take them over the hump, only a few will get in on this next deal. Debt financing is coming, the green component ensures this.