RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Financials You, Dumont, stated "As much as I enjoy your thoughtful comments on Nanoxplore and related subjects,1Student, I still cannot agree with your opinion that Soroush actively works, at times, ignoring the interests of "minority" (read smaller ) shareholders to the benefit of insiders and large shareholders."
Although I appreciate your thoughfull comments and related subjects, Dumont, I would prefer if you did not take what I have stated out of context.
You said, "The screw up around the huge runup to $9 a couple of years ago and subsequent complete retreat to current levels was, in my opinion, an example of lack of understanding of market dynamics outside the knowledge and experience of even very capable, young management."
At this point, given the bullpucky excuse you just presented for what you call a screw up (IMO, it was much worse than that), it's best if I just opt not to address this particular subject. I am sure you won't won't appreciate what I'll likely state in response to your blaming it on yong management Dumont.
You also stated, "A screw up for sure, but one that will not likely get repeated. Let's stop berating Soroush, and focus a bit more on his acknowledged, focussed entrepreneurial skills that continues to drive the company forward."
I don't berate Mr. Nazarpour Dumont. Heck, I've actually thanked him and stated plenty of nice things about him and his accomplishements attained on behalf of NanoXplore shareholders.
If you think of it, that's actually part of the problem though, i.e. such a screw up won't be repeated primarily because the positively impacting circumstances which allowed for such a screw up on the part of all NanoXplore officers and directors are not about to be easily replicated Dumont.
What I mean is that institutional investments managers and their respective leveraged high net worth client investments accounts are, at this juncture, likely not going to be inclined to jack up the NanoXplore share price to unfathomable heights.
That being said, what will entice such institutional investments managers to utilize their combined skills and the purchasing power of their respective high net worth clients in supporting a steady upward climb of NanoXplore's share price is clear. It would be a kind, quality, and quantum of "tangible deliverables" conveying company news and the ability for such institutional investments managers and their respective leveraged high net worth clients to "wet their beak" beforehand, so to speak. Another NanoXplore equity offering being presented for their needs, likely as part in parcel of the financing of this five year strategic business development investment initiative, is expected Dumont.
The Federal Canadian Government's Strategic Innovation Fund, the Canada Growth Fund, Quebec government funded entities provisioned grants and all the rest will not have NanoXplore avoiding having to raise capital by way of a equity offering, That's in part what the vavrious would be made to be interested institutional investments managers and their respective leveraged high net worth clients would need in ordeer to "wet their beak" beforehand Dumont.
"On another subject which I fear may come to bite Nanoxplore (and other Canadian stakeholders) in the butt is the clumsy situation around execution of the Battery related subsidies provided by various governments. How long before the public demands new subsidies stop, while Recipient Corporations fight over the scraps?
Will further funding of Stellantis to accede to the company's demands for something closer to Volkswagon's big win, reduce the funding available to companies closer to home?"
NanoXplore is counting on about $250 Million in both provincial and federal government capital funding for the VoltaXplore enterprise alone.
In the grand scheme of things, that is relatively not a very large amount of funding for the two levels of government. Gaining that $250 Million worth of capital funding allows for the expected industry partners to purchase class A equities, totalling a 45% to upward of 55% equity control of the VoltaXplore enterprise.
Don't forget that there exists approximately $15 Billion in capital invstment which is to be disbursed by the Canada Growth Fund alone.
The Canadian federal and Ontario provincial government representatives are likely just projecting the immediate tapping into the Canada Growth Fund, in order to settle this mess with Stellantis and LG Windsor plant.
Remember that first investment by the CGF happening within the next couple of months which I mentioned?
Well, it may look like it's going to be a Stellantis/LG centric investment taken up by the CGF and then some others immediately thereafter.
The continued flow of Canadian governments subsidies are not going to be impacted by a demand from the Canadian taxpayers to stop the subsidies programs.
The US Government's actions can in fact have Canadian governments subsidies stop on a dime though. It's always "the externalities" which historically are allowed to derail Canada's taking up it's rightful greater industrial and economic standing within North America and the world. Case in point, the AVRO Arrow program.
Just have a look at what the grand old US of A and Great Britan managed to do to Canada then.