Media Watch - NVX related, page-14567

Yeah nah still not buying it. The scrubbing of that particular Morgans video from 4 years ago is evidence to me they’re covering their tracks, I’ve watch it many times but this was damning so they’ve deleted it. Around the same time St Baker & Baynton were preparing to quietly exit while Burns was maintaining they were still on track for 10,000t in 2023, this was misleading. Riverside would never be capable of achieving anything close to 10kt but rather than be upfront with their retail investors disclosing the true impending delays to design, build, supply, install & calibrate the Gen 3 furnaces they continued to promote Novonix was on track to be 10,000t production capable in 2023, even doubling down by constantly promoting advances in the greenfield site selection process for a further 30,000t in 2025 in attempt to maintain confidence that high volume production was well on track, this was to avoid a SP meltdown that could jeopardise Bayntons & St Bakers exit strategy. Once St Baker was out the delays would start to be revealed backed by Burns now suddenly deciding that NAM was not a commodity. A line not previously used when promoting 40,000t production capacity by 2025.
It’s mid 2024 and Novonix have only installed equipment to produce a max capacity of 3000t, this has nothing to do with changes in market demand, this is the true reality of the delays they were very well aware of but chose to keep behind closed doors for obvious reasons. Baynton, St Baker & Burns are all spineless in my opinion. Already filthy rich but still prepared to destroy their retail/mum & dad investors by deceiving them to believe one story while in reality they knew a very different one. What’s done is done, I’ve had my vent so I’ll move on but I don’t trust Burns at all, when he decides to be straight with investors I’ll reconsider but in my view he’s a pathological liar & a scumbag. Will be interesting to see if he hangs around after his massive payout of LTI shares become available in 2025, my prediction is he’ll be moving on with loaded pockets just like the previous execs have.