Nunu
The presentation had a few pleasant surprises.
In Novonix's Queensland Investor Presentation in April 2018 there was a one liner on Page 23 below:
https://www.asx.com.au/asxpdf/20180411/pdf/43t3jdjn5kvkns.pdf
"pilot battery plant, designed procured and being installed to support electrolyte program..."
I was delighted to see that the pilot plant is already in place and going to be commissioned next month see below. Being on the electrolyte development....
That Mt Dromedary Graphite deposit with the 50,000-200,000tpa mine application is now getting a lot more airtime, which is interesting. Whether the company decides to sell it or develop it with a JV partner, it is worth 3-4 times the current market cap of Novonix on its own.
The graphite price is already 40% up since October 2017 and EV demand has only just started surging...
A few nice contracts signed with some of these large battery manufacturers for the PUREgraphite anode material is all that this company needs for instos to begin buying at market and rerate this exciting company.
1st of July is the Golden Greek's start date. I'm sure he will hit the ground running, it's in his nature.
I wonder what other surprises this incredible company has install for us?
Novonix, an extraordinary company run by extraordinary people...
G
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LIB Research; Extreme Fast Charging and extending battery life by 30%+, page-62
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