It depends on someones risk appetite and their focus for the longer or shorter term. Losing 90% of gains is silly though and people doing that or accepting that can do as they please but thats not a representation of the majority of holders.
Some have invested for an extended long term here and the idea is to be apart of a company that will service its debt easily and have a huge advantage with the technology ahead of anyone else who licences it.
Oil and Gas companies have huge amounts of funding even when it doesn't make much profit as they are finding, producing and supplying a critical resource that people cant do without. The links and levers in the economy and in public policy based around emmissions trading, emmission tracing of materials and full life cycle assessments are still yet to hit and affect businesses and producers.
Ed Husic noted that companies in early stages or during unprofitable advancing times can seriously benefit from increased and stable government support in many ways, especially debt and grant funding and companies like Tesla who are changing the world EV market is a prime example.
We will see what happens. JV, more debt, but of course dilution.
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- GM, LG and POSCO should be providing debt facilities to cover the CAPEX for Phase 1 and 2
GM, LG and POSCO should be providing debt facilities to cover the CAPEX for Phase 1 and 2, page-99
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