Post by
1student on Feb 01, 2022 4:39am
The Paradigm Capital calculations do not . . .
"During a late afternoon news conference where she launched pre-budget consultations that run until late February, Freeland focused her comments on the need for the budget to make the country more competitive and innovative."
Oh well, no chance of major newly alloted federal government budjeted monies and resources being provided to the proposed VoltaXplore enterprise until well beyond February.
That leaves the Quebec provincial government's representatives to drive that particular EV battery materials and battery cells manufacturing bus all by itself until then?
Looks more and more like a massively dilutive $500 M financing,i.e. if NanoXplore principals and Martinrea International principals even bother to give VoltaXplore the "GO" directive.
It's like I said within my previous posts, it is either the next news release is going to serve in somehow demostrating a derisking of NanoXplore's need to raise $500M of capital by way of a entirely dilutive equities offering or "The Sword of Damocles" would be freed from the string which holds it above our respective share positions; thereby serving to more than halve our positions.