Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nano One Materials Corp T.NANO

Alternate Symbol(s):  NNOMF

Chemicals Specialty Chemicals
Nano One Materials Corp. is a clean technology company with a patented, scalable and low-carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. It specializes in the production of low-cost, high-performance cathode active materials for lithium-ion batteries. Its technology is applicable to electric vehicles, energy storage, and consumer electronics, reducing costs and carbon intensity while improving environmental impact. Its patented One-Pot process is engineered to make cathode materials directly from non-sulfate forms of battery metals. Its Metal to Cathode Active Material (M2CAM) Technology enables sulfate-free metal powder inputs which eliminates 100% of wasteful sodium sulfate by-products while simplifying manufacturing. The One-Pot process simplifies production and enables its M2CAM technology. Its simplified One-Pot process enables cathodes to form simultaneously with their protective coating at the nano level.


TSX:NANO - Post by User

Nano One Materials Corp > Offtake will be for hundreds of tonnes…not 10,000TPA
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(182)
•••
Post by Lawisfunon May 26, 2024 5:12pm
151 Views
Post# 36058170

Offtake will be for hundreds of tonnes…not 10,000TPA

Offtake will be for hundreds of tonnes…not 10,000TPA

Devastating but Dan confirmed to be true in the interview.  

 

We all thought we were waiting on an off take agreement for tens of thousands of tonnes per year so that Nano would get a government grant of hundreds of millions of dollars to help finance the 25,000TPA facility. 


Now we're told we're only getting an offtake agreement of hundreds of tonnes so that Nano will get government funding for the 1,000TPA Candiac 1 automation scope. 


In what world is this good news!? This is a devastating update. Dan has totally moved the goal posts. 


At this point I'll take anything I can get. But this absolutely seals the deal the we are not getting anything close to hundreds of millions from government anytime soon.  And that means no 25,000TPA facility announcement in 2024. 


Sad but true. 


So disappointing. 

 

 

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities