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Bullboard - Stock Discussion Forum NanoXplore Inc T.GRA

Alternate Symbol(s):  NNXPF

NanoXplore Inc. is a Canada-based graphene company. It is a manufacturer and supplier of high-volume graphene powder for use in transportation and industrial markets. It provides standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Its Advanced materials, plastics and composite products... see more

TSX:GRA - Post Discussion

NanoXplore Inc > Eyes on the prize
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Post by ridethewinners on Oct 24, 2024 4:19pm

Eyes on the prize

For me this is not an earnings story, it is far too early for that. Whether Volta makes or loses 2 or 3 million is not a material fact. What matters is making sure GRA does not commit to a $300 plus million facility to build batteries with no customers, and that discipline has been shown by management.
I am guessing the first partner in Volta might have been Lion and they have not been able to fulfill their requirements, have no financial capability, and would not be a bankable partner to rely on. it was a smart move to cut the losses, mothball this for a while, and either conditions improve and better partners are found, or Volta gets terminated, but there is no rush on that. 
 If it is terminated, I doubt it has a material effect as most of the costs were expensed as they occurred and they have not spent much on capex there. Perhaps mgmt will clarify. 

The battery pilot plant is very small, useful to showcase the technology, but it was never intended to make significant revenues

I am in this for the graphene expansion, and the possibilities of products like drilling fluids. If the company can clarify where the new 12,000 tons will be made, the financing and at least some of the customers, that will add confidence to the top line revenue growth. This has been delayed by the Volta distraction , but that is behind them now, and it is a good time to give guidance on the q1 call and clarify the capacity details. 

I would also like to hear from management about the SMC capacity increases that are coming online next year. Can investors expect more of those types of contracts contracts ?

A summation of grants received and grants expected would also be appreciated.

Best of luck
Comment by 1student on Oct 24, 2024 6:20pm
ridethewinners, You stated "For me this is not an earnings story, it is far too early for that. " I agree with that assessment and I expect so too would many of the analysts and current equities investors following NanoXplore for at least the past 4 years. You stated "Whether Volta makes or loses 2 or 3 million is not a material fact. What matters is making sure GRA does not ...more  
Comment by s2000duck on Oct 24, 2024 7:01pm
totally agree this is not an earning story...but I certainly do keep an eye on burn rate, debt, etc while they attempt to broaden the pipelines. So far from what I see  they are managing the cash and context relatively well. Given the state of the EV industry at large and the issues with China dumping...VoltaExplore is the least of my interests in this venture's potential. But I am not a ...more