NVX to go to $28.50 a share!, page-14

Just a bit of a correction to your comments Keith.

If you look carefully at the headings in my spreadsheet, I was estimating $US11k per tonne which equates to $AUD15.7kper tonne, based on the Limiting Factor's PUREgraphite video at the US70c:$A1 exchange rate in my spreadsheet.

Not $US11k to $US18k per tonne. There is a big difference.

Mbot is right. PUREgraphite will be have to be priced around $USD10k-11k per tonne, to be competitive, not $USD20k per tonne. There might be 4-5% of production sold at $US20k per tonne, for military and space applications, but the vast majority of production will be at the $US10k-11k per tonne.

Anyhow, production at 2,000tpa starts next month.

As the current plant scales up to its capacity of 5,000tpa over the next 12 months on the back of Supply Agreements, then, as Dr Chris Burns and Phil St Baker stated in a previous interviews, Novonix will look at opening up another PUREgraphite anode plant, most likely, in the state of Tennessee, to expand above 5,000tpa.

The timing of the construction of the second plant and its size, will be on the back of additional expansion that is required on the back of new Supply Agreements, we are set for some exciting times over the next 12-24 months.

It looks like I was way off in my share price estimates at 1,000tpa, 5,000tpa, 10,000tpa PUREgraphite production (Red section below) etc

The current share price and mkt cap is already reflecting that the PUREGraphite production plant is at ~20,000tpa by my estimates below....