What is the time line for the fully operational Classifier? What is the production capacity of their 2000 square foot Graphite Air Classifier plant? Why will every graphite miner use this technology?
As the facility has a small footprint of only 2200 sq ft, it is considered a “microfactory”. The company views this facility as a small factory for producing small batch runs of graphite flakes intended to test out and optimize the Company’s proprietary techniques. The microfactory's main advantage is to save a substantial amount of space, energy, materials, time, and upfront capital to further develop its product.
The new TGA capability will enable Volt to attempt to further scale and develop its proprietary air classifier technology expediently
As for the batteries, their Business summary states a prototype facility. What is the time line for a beta model? And finally take a good look at their mines. The Company is in the process of developing mineral properties
Title to mineral property interests Although the Company has taken steps to verify title to mineral properties in which it has an interest, these procedures do not guarantee the Company’s title. Such properties may be subject to prior agreements or transfers and title may be affected by undetected defects.
When do they plan on obtaining the mineral rights? What is their time line for full production at their mines once the titles are transferred?
Now looking at the financials we see ongoing losses.
Loss for the period For the period ended July 31, 2022 $(2,127,717)
Which begs the question as to where funding for their operations will come from.
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