RE:RE:RE:FID=GO!GO!GO!Yes Dumont This news was essentially telegraphed by the company the very day NanoXplore announced it's 100% consolidation of VoltaXplore's ownership.
I believe though that what is flying right over everyone's head here and not being immediately grasped by" the street" is the following.
" . . . Not only this paves the way for the construction of the VoltaXplore’s 2GWh gigafactory, but also NanoXplore will receive additional funding for its battery material processing initiative." Student1 - Great point!
That's right NanoXplore representatives are declaring that the company has locked down additional funding, which I expect would be supporting the 100 tpa to 200 tpa SiGTM anode materials manufacturing facility, amongst other five year strategic company development relating initiatives NanoXplore graphene centric projects.
When all that capital funding actually begins to flow into and throughout NanoXplore, we would finally be leaving behind this rangebound $2.00 share price camp, so to speak.
Mr. Soroush Naxarpour & Co prefer to only announce successfully achieved NanoXplore "tangible delivrables", i.e. the kind and quality of company news which "a dollar amount" can be attached to, as suggested Mr. Nazarpour during a older interview.
During the interim period before the expected financing is finally secured and funding guarantee physically arrives, the NanoXplore share price is about to gap upward. I'd guess initially at least $1.75 from current GRA share price.
You got to love it when a plan comes together, eh.
Yes....and this news just pertains to the auto market....Revenues from other aspects of the business are solid as well.