Nano One Materials Corp T.NANO

If it is Tesla then what could that mean, other

[Goaweigh]

than from a pure promotional point of view.
I've read somewhere that the market believes that Tesla spends around $ 9,000 per battery and I believe we estimate the cathode accounts for 22 % of that or $ 1980.
So the value proposition is that we can not only reduce the cost of that cathode but add longevity to the battery among other attributes and those alone are worth plenty.
But basing our value add on a reduction of costs alone, how much of those reduced costs should we be given as a royalty ?
Let's say 50 %
We aren't going to get the cathode down to zero but let's say we get cost down to $ 1200 for a saving of $ 780 and let's say we were able to negotiate that 50 % of savings or $ 390 per battery.
Now lets say Tesla produces 500,000 EV's in calandar 2023 and we are fully onboard.

That would be $ 195,000,000 to Us !

Too high.....too low ?

Gotta start this conversation somewhere so what about here.

[Teccing]

Aparently it takes on average, 500 tons of ore, to produce a Tesla car battery.

[slcc]

I don't have the Tesla battery costs so I will use your number of $1980 per battery for the cathode. From what I understand, can certainly be wrong, NNO is licensing deal to use their patented process.  With that patented process, using less material they can save ~ 20% of the costs.  So the $1980 comes down to $1584.  NNO will get anywhere between 3% and 5% in licencing fee

[Marshall]

Tesla isn't the only player.  There are others who are interested in NNO technology as well.  Having said this, if Tesla want an exclusive deal it will come at a premium.  Cha ching.