• Subscribe
  • Log In
  • Home
  • Daily Diary
  • Asset Class
    • U.S. Equity
    • Fixed Income
    • Global Equity
    • Commodities
    • Currencies
  • Sector
    • Basic Materials
    • Consumer Discretionary
    • Consumer Staples
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Telecom Services
    • Transportation
    • Utilities
  • Latest
    • Articles
    • Video
    • Columnist Conversations
    • Best Ideas
    • Stock of the Day
  • Street Notes
  • Authors
    • Bruce Kamich
    • Doug Kass
    • Jim "Rev Shark" DePorre
    • Helene Meisler
    • Jonathan Heller
    • - See All -
  • Options
  • RMPIA
  • Switch Product
    • Action Alerts PLUS
    • Quant Ratings
    • Real Money
    • Real Money Pro
    • Retirement
    • Stocks Under $10
    • TheStreet
    • Top Stocks
    • TheStreet Smarts
  1. Home
  2. / Investing
  3. / Stocks

I'm Wired Up About These 5 Canadian, 'Green' Tech Names

These companies that I featured at a video conference last week are changing the world. They could also change your portfolio.
By JIM COLLINS
Aug 05, 2021 | 05:24 PM EDT
Stocks quotes in this article: EXROF, LMRMF, NNOMF, VEV, CODGF

Do not try this at home! Like an old David Letterman punchline, I learned the hard way last Friday how difficult it is to host a virtual investment conference. Instead of wasting my precious column on a rant against Big Tech and Big Videoconferencing, I will keep it positive. What an amazing group of companies that presented. So much innovation.

These companies, all headquartered in Canada, coincidentally, are at the thin end of the wedge of capitalism. They will help make the world a better place and make a few dollars while doing so. Links to all the conference presentations are at the end of this article. The companies featured were Exro Technologies (EXROF) , Lomiko Metals (LMRMF) , Naqi Logix, Nano One Materials (NNOMF) and Vicinity Motor (VEV) . All the amounts here are in Canadian dollars. 

First up was Naqi Logix. A private company, for now, but one that faces huge potential. Naqi's chief Mark Godsy (also the Chairman of Exro) has assembled a Dream Team of execs to develop and market Naqi's core product. An earbud-based system that measures facial microgestures and minute head movements to control a variety of applications. It is "Oh, wow" stuff and the list of potential verticals is quite long. Check out the video that is embedded in Naqi's presentation. Very, very cool stuff.

Next to present was Dan Blondal, CEO of Nano One Materials. I have mentioned Nano One in several previous columns. The key takeaway from Blondal's presentation is found on Slide 16, which sets out two potential business models -- royalty or joint venture -- for Nano One to market its patented One-Pot process for battery cathode materials. Just as Nano One recently "graduated" from the TSX-V to the Toronto exchange's main board, there is a clear line of sight now for Nano One to graduate from pre-revenue status. Nano One's impressive list of commercial partners--Saint-Gobain (CODGF) , Pulead, CBMM, Volkswagen (VWAGY) and an unnamed (for commercial reasons) U.S.-based automaker, among many others--will support this company on the way to revenue generation.

The next presenter was William Trainer, CEO of Vicinity Motor. Elon Musk gets all the publicity, but the bus market will also participate in the decarbonization process, as well. Vicinity has a little bit of a Volkswagen business model, with a solid (current guidance calls for 150 deliveries/$55 million revenues in 2021; VEV reports second quarter earnings per share on Aug. 11) ICE business supporting an attractive EV business. VEV's Lightning EV bus, with batteries supplied by BMW, will be a strong competitor as the bus market electrifies, especially in the versatile 30-foot bus market, which is Vicinity's niche.

Next up was Paul Gill, CEO of Lomiko Metals. Lomiko is sitting on a veritable goldmine with its La Loutre prospect in Quebec, but it is not gold; it's graphite. I often quote the rule of thumb that there is 10-times as much graphite in a lithium-ion EV battery as there is lithium. The world's OEMs will need tons of the stuff to produce EV battery anodes, and Gill has Lomiko very well positioned to exploit the La Loutre prospect. La Loutre is near Imerys' Timcal mine, and that will be a huge advantage as Gill guides this small company (around $30 million market cap) through a project that will take years and hundreds of millions of Canadian dollars to exploit. In a bit of fortunate timing. Lomiko released its Preliminary Economic Assessment for La Loutre the night before my conference. With numbers like those--Pre-tax NPV of $314 million with 28.3% IRR /after-tax NPV of 186 million with 21.5% IRR--I think Gill will have many suitors to help co-develop the prospect.

The final presenter was Sue Ozdemir, CEO of Exro Technologies. Exro's core technology, the coil driver, not only offers the ability to produce multiple torque profiles from a single electric motor, it also can serve as a hub for V2G systems, the vehicle to grid confluence of the mass amounts of energy produced by an EV battery. Also, Exro's second-life battery technology allows for the repurposing of spent EV battery cells into stacks for stationary energy systems. Absolutely brilliant.

So, these companies are changing the world. It was not my intention to host a "greentech" conference, but that was the result. Always remember that "green" and "tech" are inseparable. As the world moves toward decarbonization, it is the small-caps companies that will provide the technology to fully accomplish that mission.

Links to the Vimeo versions of the CEO presentations at the Excelsior Capital Partners Management Access Conference are below.

Naqi Logix

https://vimeo.com/581840420

Nano One Materials

https://vimeo.com/581839830

Lomiko Metals

https://vimeo.com/581839188

Vicinity Motor

https://vimeo.com/581840766

Exro Technologies

https://vimeo.com/581838415

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

At the time of publication, Collins had no position in any security mentioned.

TAGS: Investing | Stocks | Automobile Components | Automotive | Electric Vehicles

More from Stocks

The Indexes Cover Up Positive Action, for a Change

James "Rev Shark" DePorre
Jun 6, 2023 4:43 PM EDT

Is a rotation into the lagging names starting to gain traction? Let's see.

Fed's Relevance Appears to Wane

Peter Tchir
Jun 6, 2023 1:00 PM EDT

I may be guilty of wishful thinking, but it looks like the market is finally moving beyond the Federal Reserve.

7 Stocks I'm Trading as Small-Cap Rotation Takes Place

James "Rev Shark" DePorre
Jun 6, 2023 11:53 AM EDT

The gap between big-cap tech names and the rest of the market has to eventually close.

I'm AMPD About This ETF

Mark Abssy
Jun 6, 2023 11:30 AM EDT

The CNIC ICE U.S. Carbon Neutral Power Futures Index exchange-traded fund provides exposure to a blended national electricity price and carbon credits.

Play Unity Software This Way as the Stock Surges on Apple Vision Pro Partnership

Stephen Guilfoyle
Jun 6, 2023 10:40 AM EDT

Clues were out there, but the news certainly took most by surprise.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

Email

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight

Already a Subscriber? Login

Columnist Conversation

  • 07:19 PM EDT CHRIS VERSACE

    AAP Podcast: This Company Is Not Going 'Solo'

    Listen in as I talk with the very diversified Solo...
  • 01:51 PM EDT JAMES "REV SHARK" DEPORRE

    This Weekend on Real Money

    Adjusting Your Trading Approach to Shifting Market...
  • 06:54 PM EDT CHRIS VERSACE

    AAP Podcast: A Tongue -- and a Market -- Twister: 'Get a Debt Deal Done'

    Listen in as the Action Alerts PLUS Podcast tackle...
  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2023 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.

Compare Brokers

Please Join or Log In to manage and receive alerts.

Follow Real Money's Wall Street Pros to receive real-time investing alerts

Already a Subscriber? Login