NVX General Discussion Thread, page-120

Revenue is expected to surpass $100m in 2023. This is based on their 2023 production target of 10ktpa.

The average indicative cost for synthetic graphite is $20k (USD) per t - NVX product is a superior quality with proven ESG and longer life, to be conservative let's just use the indicative price.

Assuming they only reach half thier 2023 production target, they will still have revenue of $100m (USD).

Phase 3 is currently scoped to be achieved BY 2030 and aims to produce 150ktpa. On current values, that will provide an indicative revenue of $3b (USD).....

Agree with some of your concerns, but let's not fudge facts to suit our own narrative....

Also, keep in mind a large portion of the remuneration costs were for the issues of options and performance incentives to staff and board when the SP was much much higher. But they should have waited until they were actually producing and supplying customers.