Ann: US$52M Term Sheet Signed for New York Battery Plant, page-289

I think people are heavily overrating what the SP is going to do once (if) this funding is announced.

It’s not going to be the trend changer you all predict.

On a side note, if the current deal falls through which was an outright loan, I wonder what the alternative is. I’d bet that any other funding source will require a substantial equity stake if we’re talking US$52m. I assume it’d have to go to a shareholder vote which will drag this out even further.

Nobody should care about my opinion but there it is anyway.