RE:RE:RE:RE:Ready for a new story Dumont,
Should NanoXplore representatives actually come through with nailing down that comprehensive "commercial agreement" with thw well recognized chemicals company and actually announce the name of the chemicals company partner and customer, I would expect the NanoXplore share price to be take up to another share price point level.
Should the representatives of the graphene enhanced drilling fluid collaborating party, i.e. the oil and gas extraction services company, finally decide to provide NanoXplore with a drilling fluid offtake purchase agreement and should NanoXplore actually announce the name of the production offtake purchasing company when all is said and done, I would expect the NanoXplore share price to be take up to another share price point level.
NanoXplore has secured the ability to borrow roughly a total of $140 Million (by my own rough estimations, $60 Million from RBC credit facility and "as needed" grants funded by the Canadian government totaling roughly $80 Million). The suggested five year strategic business development plan investment initiatives are essentially fully funded, i.e. should any progres at all be made towards beginning the construction of the 8,000 tpa capacity "dry process" graphene manufacturing facility and/or the battery anode components and "SiGTM" anode additive material manufacturing facility be achieved.
Yes. I agree that everybody and their cousins are wondering what exactly is the nature of the holdup, particularly with respect to the lack of any actual "tangible deliverable" kind and quality of progress toward achieving the previously stated company five year strategic business development plan investment goals and objectives?
The answer is obvious. There do not exist any prerequisite duly consummated long term bonafide and bankable offtake purchase agreements for any of the products merely proposed to be produced at the merely proposed 8,000 tpa capacity "dry process" graphene manufacturing facility and/or the merely proposed battery anode components and "SiGTM" anode additive material manufacturing facility.
To be clear, should there be no specifically long term profitability locked down as supporting the existence of and long term operation of said merely proposed manufacturing facilities, there would be no need to draw on the credit facility which was provisioned by RBC and was guaranteed in writing by or on behalf of the Federal Government of Canada funded entities and/or Quebec provincial government funded entities.
The share price is demonstrative of "the cause", which is in part because of the company officers and directors electing to quite intentionally keep current very long time NanoXplore "minority" equities investors and any would be NanoXplore equities investors in the dark and feeding on manure enriched soil, so to speak.
We would do well to note that historically the GRA.T share price would invariably get worse leading up to, just before and especially following the release of Q4 and fiscal 2024 year end financials.
Here's to expecting Mr. Rocco Marinaccio doesn't again elect to employ privately maneuvering broker dealer minions to dump more of his NanoXplore equities holding leading up to and just before the release of Q4 and fiscal 2024 year end financials.