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Bullboard - Stock Discussion Forum Nano One Materials Corp T.NANO

Alternate Symbol(s):  NNOMF

Nano One Materials Corp. is a clean technology company with a patented, scalable and low-carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. It specializes in the production of low-cost, high-performance cathode active materials for lithium-ion batteries. Its technology is applicable to electric vehicles, energy storage, and... see more

TSX:NANO - Post Discussion

Nano One Materials Corp > Good overview of market thoughts on Nano One
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Post by Lawisfun on Aug 01, 2024 11:31am

Good overview of market thoughts on Nano One

From Yahoo finance:

Can someone help me understand why NANO one is struggling? Is it because the EV market is receding or is it because the material is not competitively priced due to its green nature or is it because the big companies like Tesla have the horsepower to develop their own IP?
 
  • It’s a highly speculative tech/commodity stock with no sales, stuck in a country with no significant VC interest in the sector, depends on government grants and non-revenue generating partnerships. It peaked 4 years ago and is running out of cash. Move on.
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