Post by
rmbaird on Sep 08, 2022 12:05pm
Plant
Hello As a significant share holder of AVL stock I have some questions I would request answers for. 1. I would like to know the location of the plant facility in Thunder Bay.? 2. What is the purchase price and has it been accepted? 3. Who is the partner(s)? 4. When will construction begin? 5. When can we expect an announcement?
Comment by
Nick1969 on Sep 08, 2022 3:22pm
You re asking the wrong people. Call Bubar..But he won't tell you.
Comment by
rmbaird on Sep 08, 2022 4:02pm
Hey Nick Sorry i meant to add that i sent these questions to Bubar. He responded rather quickly with this. Most of your questions cannot be answered yet as this is all confidential information. But you can expect an announcement sometime this month. Our offer to purchase has been accepted and we are just in the process of arranging debt financing.
Comment by
Nick1969 on Sep 09, 2022 12:22pm
The announcement is that BMW will contribute to the aquisition of the plant. But still that will take years to become operational and until then a stock consolidation is in order. At least 8 to 1. The stock price might see an increase in the short term , but it will go down again until production and profit start.
Comment by
rmbaird on Sep 09, 2022 2:08pm
Hey Nick and you know this how?
Comment by
Nick1969 on Sep 09, 2022 5:48pm
You 'll know soon if I was right or not..
Comment by
rmbaird on Sep 09, 2022 8:46pm
You must have some inside info that the rest of us do not have!
Comment by
rmbaird on Sep 09, 2022 8:47pm
You must have some inside info that the rest of us do not have!
Comment by
SimonM on Sep 24, 2022 3:22am
You mentioned below that more news will be spread on the next week. To which topic did you refer to?
Comment by
Red_Deer on Sep 11, 2022 3:06am
This SPECULATION actually HAS Considerable MERIT__Largely ON THE BASIS of THIS RECENT MAJOR Development. https://money.usnews.com/investing/news/articles/2022-08-23/volkswagen-teams-up-with-canada-in-battery-materials-push#:~:text=Aug.%2023%2C%202022%2C%20at%2010%3A36%20a.m.&text=FRANKFURT%20(Reuters)%20%2D%20Volkswagen%2C,agreement%20with%20top%20supplier%20Canada.