The puzzle in my mind Rabbit_042, is NVX holding enough cash to keep going until the loan is approved? assuming the loan will be approved. As i understand it, Magnis is also applying for govt loan, from memory of reading their regular updates ( i could be wrong). I think wonderwand is also asking the same question.
Yes, Magnis is building a graphite mine in Tanazia.
PS - I am really interested in understanding how you guys do SWOT and build a risk profile on an investment thesis of a company like NVX.
Ann: NOVONIX Business Update, page-33
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