JP is not one to waste time here, see snapshot of Ex CBMM boss joining LinkedIn clearly stating his intention to develop our Araxa project. This is big news, and is a tell tail confirmation that we are onto something big here.
SGQ also has 3 key battery makers on its share register being the largest 4 shareholders. SGQ already has an MOU with SVOLT and Shanghai Jayson. SVOLT is producing LFP batteries in which case SGQ can supply the phosphate as we have plenty high grade P205 and can potentially supply Niobium to Shanghai Jayson. This is just speculation but given the MOU in place and all the R&D money spent into Niobium batteries, I don't see why not. SGQ already have all the foundations in place. We should be trading at much higher multiples given Deloitte valued the Araxá project at $1b USD...
MOU between leading battery manufacturer SVOLT and SGQ
MOU between leading battery manufacturer Shanghai Jayson and SGQ
SGQ and Leading Battery Maker SUNWODA
JP is not one to waste time here, see snapshot of Ex CBMM boss...
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