Energy Prospectus

NNO
Yesterday, I was walking through Home Depot and noted that everything is going battery—lawn equipment including mowers, tool of all sorts including saws, etc. I then thought of NNO which Dan has written about and it occurred to me that it could become the most valuable percentage winner on the board.
However, I am unable to do any due diligence on this. I wonder if there are any chemical engineers, people working in the battery area or whatever who have looked at this and might have any comments?

Nano One hosted a Dallas luncheon for us in March. I am impressed by the steady progress that the company has made and appears to keep making.

Nano One Materials Corp. (NNO) is a "technology play". They believe that their process for manufacturing lithium material for rechargeable batteries will be cheaper and make the batteries recharge faster and hold more energy. Obviously, if this is true, then there is significant upside here.

I cannot value the company's stock because it is "pre-revenue". I do think there is a good chance that a major company (i.e. Tesla, Toyota, GM, etc) buys the company. When I talked to Dan Blondal, the company's CEO, after our Dallas luncheon he told me that his team is definitely open to a buyout. Companies like this are always "for sale".

The other two lithium companies that I am following are Nemaska Lithium and Bearing Resources. They are both lithium mining companies.