RE:THE UNICORN STOCKWhile I absolutely beleive that my thoughts on this being a Unicorn stock are still valid today, it's the "even more so" component that should be updated. So what's even better now?
1) Nano has acquired Candiac, currently the ONLY North American facility capable of producing LFP.
2) The skillset of the employees there has been invaluable.
3) Nano has installed One Pot equipment in this facility to continue testing.
4) Nano has now fully demonstrated that they can produce AT SCALE. Samples have been sent out to OEM's for further testing, with Offtake agreements that are hopefully now imminent.
5) Nano has demonstrated that they can produce 10X the product in the same footprint as current LFP production facilities. For anyone interested in building facilities, do you want to have the capabilities in your given footprint to produce 1X or 10x? The choice now becomes obvious.
5). Sumitomo has taken a big position in Nano.
6) Nano's patent portfolio around the world continues to grow.
7) Nano is at most a few months away from planned development of Candiac 2, which will be a ground up One Pot dedicated facility. There has been some chatter that this facility could be somewhere else regionally (Quebec/Ontario), but so far that's just chatter.
8) The overall slowdown in the EV world over the past year has actually worked in Nano's favour I think. My only concern was that they were coming to the party slightly late. With the EV slowdown that occurred (which will end soon enough and is already showing early signs of doing so), Nano is now in what I consider to be the absolute sweet-spot with regard to the possibility of licencing royalties in facilities that are now in the early stages of planning around the world.
ANY one of the these points is stunning I think, and it shows a company that is so dedicated and so strong in their leadership. But these points collectively? Again, it absolutely enhances the Unicorn possibility to my thinking. We'll see what comes. But imho, "what comes" will be stunning.
Starsearcher80 wrote: Finding the Unicorn stock: It's something we all dream of. These can and do happen. I came across Nano over a year ago now, and as I dug into the stock, I realized then that I may have just found that next Unicorn stock.
A year later, do I feel the same? Absolutely, but also significantly more so. It's been tough to wait out the past year. I actually hate being THAT early to the party. But this can and does happen sometimes. I've been there before, and although I'm not a particularly patient person, when you find such a stock, patience comes easy.
Will that patience be rewarded? Absolutely. Without a doubt, I'm more confident now than ever. For those new to the stock, here were my thoughts then. They were true then. They are far far more substanted now. For those in this stock, you're about to have a extremely positive experience. Take your position(s), sit back, and enjoy a ride that only comes along a couple of times in a lifetime...if you're lucky.
Here's a link to those Unicorn thoughts:
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