The Canadian government would not have issued the recent $749,000 in grants (like they did recently) to MVTG for the MVTG-ERC (mostly) and some for MVTG-MRFC R&D funding if they were not prepared to fund the Lafarge and other future needed grants to see the MVTG-UBC University patent issued and protected technology, Alstom-GE R&D and PP funded projects move to the commercial phase.
Lafarge, Alstom-GE and the Canadain government obviously have complete faith in MVTG and the SUPERIOR MVTG technology that is the answer to inferior fossil fuel, CCS versus CCU (Carbon Capture...) and legacy Ballard and Plug fuel cell solutions of the past.
MVTG is the obvious SUPERIOR investment.
The Canadian government and Lafarge and Alstom-GE do not seem to be the least bit concerned about the Lafarge ERC PP delay, and neither am I. I am buying more MVTG shares while the fire sale continues.
Perhaps MVTG got word that Government grant funds are on the way, and decided to hold off selling new shares to complete the LaFarge PP in anticipation of more grant money to cover the final costs.
Smart move by Larry, the CEO of MVTG imho.
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