RE:RE:RE:RE:Northvolt The only public subsidy I heard about was not specific to Rose but in the form of tax credits available to all new exploration and mining companies.
That is fine because it is like a gift.
Otherwise, money from Investissement Quebec would be in exchange for shares and would mean dillution.
As far as I know, the last financing scenario was 50% loan and 50% equity. The Equity part is broken down between the partner and institutions.
So starting with a 500 million build price, 100 million could be cutoff with tax exemptions leaving 400 million from equity and loans. Part of that equity (if not all) would be coming from the partner in exchange for a piece of the Rose action ( 5%, 10%, 15% ?? )
At this point, I cannot see anything obstructing a signed deal in the coming weeks. We have all the important permits to proceed and there are no variables for lithium pricing as our FS is calculated with a price per ton way under the current market value.
CRE has to stop fudging around and commit to an " unperfect" financing plan before something else turns up. ( a recession, a war between Taiwan and China, Donald Trump being elected and cancelling all Biden's moves about green energy and go back to fossil fuels )