Ann: NOVONIX Finalizes US$100 Million Grant Award from U.S. DOE, page-88

$100 million grant!! I wonder how this will revise profit per ton? if $2k profit per ton I have the following valuations. when sell 20k tons per year (2026) @ $2k profit/ton with 450 million shares and 15 PE stock price of $1.33. When 150,000 tons produces/year (2030) with same metrics the stock price goes to $10/share. PE can definitely go higher and cathode business can grow so stock price could go higher. if more shares are made this will dilute shares, but I think $1.33 by 2026 and $10 by 2030 is pretty conservative. just my back of napkin calcs. let me know what you think.