RE:RE:Positive newsRereading this NR raises questions. The 240 tpy plant will not take 5 years to build so how much of the C$25 mil is for the initial plant? Will the remainder get the co. to 2000 tpy expansion as disclosed in Jan3/23 webinar?
May 30/22 - Through the MOU, NBM Korea Co., Ltd., a wholly owned subsidiary of NEO Battery Materials, will initially invest, over the next 5 years, 24 billion KRW or approximately 25 million CAD to support the construction and expansion of the silicon anode commercial plant located on a 107,000 sq. ft. site in Oseong Foreign Investment Complex, Pyeongtaek City, Gyeonggi-do. lscfa wrote: Co. finally revealed cost of the plant $25 million