List for USD $150 million on the NASDAQ (builds an additional 30,000TPA PureGraphite factory)
BIF grants of anywhere between USD $50-200m ( Spilt between Anode and Cathode scaling, plus R&D)
DOE low cost loan, what size?? We need take off partnerships to gauge the demand and size to grab. This could see out the funding to get Novonix to its 150,000TPA target, my guess it would need to be able to build approx 60,000TPA of factories with the possible funding options with the NASDAQ and BIF grants.
Then hopefully this time next year, Novonix has proven at scale DPMG for Cathode Materials. This is another massive re-rating event for the company.
Also, there is very little details around the Emera Technologies partnership at this stage!!!
NVX Price at posting:
$6.77 Sentiment: Buy Disclosure: Held
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