NVX General Discussion Thread, page-108

We are also only a month out now from BIF funding rounds, starting October.

Hopefully we are at the top of the list with minimum USD $100,000,000 grant size that has to be matched dollar for dollar. Our current cash of AUD $208,000,000 is looking great for the prerequisite of the grant. Could also see a customer locked in with the grant announcement, also prerequisite for the grant, tho we have Kore Power locked in for upwards of 12,000TPA.

Could be a cheeky capital raise in the near term if we are getting a bigger chunk than minimum funding to match funds pending on what the US DOE hands out.

I would not be disappointed if this happened as we would be in a very strong position scaling to 40,000TPA, while the company continues expansion with BTS, Cathode and Microgrids.