RE:RE:At some point a large OEM is going to invest in NanoXploreSo, you think a mere 140 Million amongst the Quebec provincial government and the Canadian Federal government funding entities directed toward both NanoXplore and VoltaXplore is less likely now? LOL!
The funds are already locked in Dumont. Don't get your panties in a bunch, lol.
Understand that the Canadian federal government has to provide funding of at least $37 Billion just for Canada to keep up with the $370 Billion in funding made possible by the U.S "IRA".
Canada's entire economic enterprise value is worth approximately one tenth that of the U.S entire economic enterprise value; thus,10% of $370 Billion or $37 Billion is for Canada just keeping up with the U.S "IRA". We are not even bothering to calculate all the other hundreds of billions of dollars in U.S. Government allocated funding for programs also supportive of the push supporting the "green economy" and all that entails.
The follow-up phases of Canadian Government capital investment in supporting the pertinent and "previously selected" critical elements mines to finished battery materials and battery cells industry players (time to pick other equities issuing winners) would have another at the very least $4 Billion worth of funding and other supports initiated on behalf of both provincial and federal governments funding, whether that be through outright grants, lower interest loans and credit facilities, direct capital investments, etc.
Amongst others, Volkswagon in particular is preparing to financially support graphite bearing lands development into becoming full scale massive mining projects and other critical elements mining investments.
Volkswagon especially and GM, Ford, the Renault-Nissan-Mitsubishi Alliance and/or many of the global developers and manufacturers of battery materials and battery cells are taking up investments in critical elements mines development and actual critical elements mining operations by way of bith secured capital investments and several "BAM" offtake agreements with integrating critical elements mining companies.
Should you actually expect this $13 Million is all there is coming interms of the Canadian Federal Government funding and directed capital investments initiatives; think again my friend.