RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Many things to like in this Q1 resultsAll good points Dumont.
At the risk of angering the NanoXplore share price gods and consequentially having them take a sledgehammer to this seemingly $2.00 bottom testing share price
I am never the less going to call this the $2.00 bottom.
We know Q4 tax loss selling season is not over by a long shot and we know that the various institutional index investment funds managers and their fully serviced high net worth clients can collectively take quite the additional toll on NanoXplore's share price during the remainder of November and well into December.
However, I am now either rightly or wrong electing to bank on their collective greed; and such greed is now much more profitably served by slowly taking up any NanoXplore shares available at current price points;
share price points which I called for earlier and had been expecting the presentation of in order to have my stink bids filled.
Everyone and their cousins know that that $450Million VoltaXplore initial 2GWh manufacturing facility project financing package is due sometime before the end of this calandar year.
I would expect - I am betting on it actually - that the manner in which said project financing is to be structure and the very VoltaXplore capital grants, capital loans and capital investments infusing partners names and customer names being announced could very well be representative of quite serious NanoXplore share price catapulting catalysts
By the way Dumont, given that NanoXplore is already in fiscal Q2 2024, I'll ask you whether the company can expect some Canadian Federal Government approved of lattitude, in terms of NanoXplore booking certain specific federal Government investment tax credit (" ITC") qualifying expenditures and deductable long lead time battery cells manufacturing equipment relating expenditures, amongst other perhaps already eligible expenditures during it's Q2 fiscal 2024, e.g. initial deposits for certain specific equipment and services relating purchase orders, carrying interest payments costs relating to the financing of capital needed for such expenditures, etc?
Is the hard and fast rule that only expenditures after the beginning of the calendar year 2024 are elligible for the Canadian Federal Government " ITC" and the Canadian Federal Government's provisioned percentage of battery cells manufacturing equipment and equipment relating services costs deductions?