https://www.mining.com/video-where-battery-technology-is-going-an...

https://www.mining.com/video-where-battery-technology-is-going-and-what-it-means-for-miners/

Great video of the Zurich precious metals summit November 13–15, 2023.

Pannel including Mark Selby CEO Canada Nickel and Andy Leyland, Managing Director, Supply Chain Insights.

I encourage investors to watch at a minimum from the 25 min mark where Mr Selby outines all of the governement incentives that are available and how when combined can cover the upfront capex for CNC project. He outlines that it would be expected that the company still provides equity but this could come in the form of advanced payment from offtaker.

In summary -

Capex: Split 60/40

Debt 60%

CNC 40%
this is broken down into
- Canadian ferderal government tax credits
- Federal government investment program
- DoD funding
- Ontario support (one off payments)
- Advanced payment for offtake e.g OEM
The combination of these payments and incentives can calculate the required 40% capex required by CNC removing dilution and risk of project funding.