Few Equity.Guru sponsors have delivered – and surprised – like Nano One Materials (NNO.V) in 2016.
While lithium explorers have been on a tear, Nano has coat-tailed that run on the back of how its technology promises to allow battery makers to switch the elements they use to make lithium ion batteries, to help eliminate that need for cobalt, as an example.
Just in the last few days, the company received over $200,000 in non-dilutive grant money from the National Research Council of Canada’s Industrial Research Assistance Program (NRC-IRAP) to support NNO’s project to develop High Voltage Cobalt Free Cathode Materials.
We’ve tracked the stock from $0.30 at the beginning of the year to more than a double, with the stock now sitting above $0.60, and as shares from the last raise the company had have become free trading, NNO stock has stood up grandly, showing insiders are a long way from done on their Nano One ride.
I spoke to CEO Dan Blondal last week about what’s to come, and was unsurprised to hear… lots.
Turn your sound up and enjoy.