Just as I thought we were getting on you attribute the word genntele to me. What have i I ever done to you. Anyway back to business.
1. I hold MT in very high regard, I would not buy the stock if I did not trust the leadership based on personal attributes and capabilities. MT is fully aligned with us. Any comments regarding him are simply in gest.
2. Regarding free money. If you read any of the press in Europe, you will see for example BritisVolt will be applying for a GRANT Read free money here.
3. The ECB printed billions and simply sent it to Spain, Italy etc as a GRANT. Never to be repaid.
4. With Northvolt, VW gave them a 10 year contract to supply. That basically allows Northvolt to borrow against the VW balance sheet. Central bank rates are negative in many countries. So I'm hopeful of very cheap sub 1% maybe 2% max for TLG, plus some grants.
So in my parlance its effectively free. Compared to the 8% in the TLG PFS.
TLG Price at posting:
$1.80 Sentiment: Buy Disclosure: Held
(20min delay)