RE:RE:Where's the bottom?Dumont,
That "fairly imminent news that might provide for a capital gain from these levels" is , at this point, simply wishfull thinking on our part.
Company representatives suggested that perhaps during the back half of this year there could be some sort of direction provided and decision undertaken, due to would be partner or partners willing to joint venture with NanoXplore in 2,000 tpa to 8,000 tpa process manufacturing NanoXplore's SiGTM anode additive material and NanoXplore's graphene enhanced "BAM" and/or other battery materials.
Understand that the NanoXplore credit facility would not be required when there are no requisite offtake products purchase agreements and necessarily accompanying capital investments put forth by any would be customers/partners/capital financiers.
Heck, it's possible that the remainder of the proposed 5 year strategic business development investment plan is indefinitely halted going forward.
Perhaps that one equipment financing customer for that increased "Graphene BlackTM" enhanced SMC product manufacturing capacity being expanded at that Quebec, Canada facility is all there is?
It does seem as though it's back to the "dead money zone" for our respective NanoXplore equity investments.