Financing Candiac 2What is so difficult to understand here? Candiac 2 will be financed from Canadian/American government funds, partner funds, license income and future sales! What this will look like and whether it will be built in Quebec, Ontario or elsewhere is yet to be determined. be announced before the Annual General Meeting. Anything else would be completely pointless. Why else the postponement?
Investors will take their last chance at the end of the week, or after the Roth Conference,
Let's not forget one thing! Each of the individual partners, be it Rio Tinto, Sumitomo, BASF, Umicore, VW and of course the ominous global leading automotive OEM (TESLA, GM, Ford ...) are financially able to finance Candiac 2 with Nano One Materials alone! 250 million is a drop in the ocean!
First Purchase agreements for Candiac 1 and license agreements will be announced in early July.
There will be no other technology for sulfate-free LFP production in Canada! You can be sure of that!
"Should success follow and a Tesla contract be forthcoming it would not be hard to imagine all the other EV manufacturers lining up at Nano One's doorstep."
And what is happening now to the battery factories in Europe? A change in technology!
There is nothing to add to that! Don't let yourself be deliberately taken for a fool by some people in this forum sell.
Is this what an unhappy, lying CEO looks like? Completely absurd!
https://www.youtube.com/watch?v=9h8vliP5iAo
I don't think so!