NVX 7.19% 71.0¢ novonix limited

Ann: NOVONIX Finalizes US$100 Million Grant Award from U.S. DOE, page-55

  1. 792 Posts.
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    Just to re-iterate how big this is look at these numbers:

    We have USD$86.8 currently in the bank plus USD$100 just received = $186.8 million USD = at fx rate of 0.64 = $291 million AUD in the bank

    Our current market cap is $386 mill AUD. This has to be one of the most undervalued stocks on the ASX at the moment! Just incredible news! And let's not forget this is a GRANT not a LOAN. We don't have to pay this back! Just match it and away we go!
 
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