Dan’s new message about Nano: micro offtake and delayed FEL3 Dan's new messaging to the market that Nano will only be getting a micro off take contract from Candiac 1 and FEL3 is now delayed to Q4 is being poorly received by the marketplace. Who would have thunk it.
Probably also doesn't help that after all the years of working with VW there is no deal in place for One Pot CAM.
Or maybe it's because one the the planets largest and most successful CAM producers (Pulead) was silently removed as a Nano partner and now does not even get mentioned by Dan or Nano One (check latest corporate brochures). I wonder why Pulead decided to pass on One Pot? And then all of a sudden BYD is offering cheap single crystal CAM materials?
Nothing looks good about where Nano is today. Dan is at least 4 years behind schedule in terms of getting to first revenues (using Dan's own original target dates).
Who really knows what the exact problems with One Pot are. But there are real problems that is for certain. There is no way these long term partnerships would still be so resistant to adopting One Pot if it were: cheaper, greener, better, more sustainable, etc. it makes zero sense.
good luck to all the longs.