Post by
1student on Feb 05, 2023 11:04pm
Once Again, See The Canada Growth Fund And Know . . .
Obviously, we agree in regards to NanoXplore and our respective reasons for remaining invested here with the NanoXplore enterprise.
At present and during the nearer term 3 month period, I'm waiting for the Canadian Federal Governments' Spring budget and for NanoXplore's share price to experience a parabolically shaped share price movement to circa $5.00.
Realistically though, I have little doubt that the GRA share price could first be made to experience another measured drop downward during the interim period, perhaps especially following the coming Q2/2023 financial results being released.
Never the less, I'd consider such a GRA shares sell-off to be representative of a good buying opportunity, i.e. should I want to add to my position at this point.
I believe I was clear in my rational for expecting such a share price move upward sometime during this coming three months.
See the initial $2 Billion earmarked by the Candadian Federal Government for it's initial "seed investment" in the Canada Growth Fund, "CGF" and also note the already secured additional $15 Billion to be co-invested with the "CGF" in certain previously selected as "winning" publicly traded and Canadian based equities issuers.
A minimum of $17 Billion in capital equity investments will be disbursed by or on behalf of the Canada Growth Fund investments managing administrator.
These are $17 Billion worth of capital investments, whether they be preferred shares, debt or common share equity centric, which are slated to go toward supporting certain awaiting Canadian based critical elements bearing lands development companies and existing critical elements mining companies, in addition to companies currently proprietarily "upgrade processing" certain critical elements feedstock materials which are specifically employed in the varying chemistries comprising battery cell components (anode, electolyte and cathode), companies which manufacture said EV battery cells components and certain truly Canadian based companies which are proven and thereby validated and qualified as presently manufacturing EV battery cells within Canada, e.g. NanoXplore's 50% co-owned VoltaXplore enterprise.
You would also do well to note the various participating Canadian Provincial governments making their respective Federal Government of Canada "solicited" capital investments contributions to the Canada Growth Fund and also do well to comprehend how such combined capital investments contributions to the "CGF" would clearly send the requisite signal to principals operating companies such as NanoXplore and also operating NanoXplore's 50% co-owned "downstream" graphene sales securing "investment enterprise", i.e. the initial 2GWH capacity VoltaXplore graphene enhanced battery materials comprised and battery cells manufacturing enterprise.
NanoXplore's VoltaXplore is the only remaining Canadian based manufacturer of battery cells standing people.
Comment by
kisedig on Feb 06, 2023 1:30am
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