Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-11

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    During Chris Burns’ tenure, he had burned heap of moneys from CRs while project progress was very slow, and production date was delayed again and again. After he resigned, he made NVX mess and left many problems.

    The new CEO did not disclose the existing and potential issues of NVX to the public. According to his work style, it is impossible to gain trust from shareholders and share market.

    Annual production is about 3000 tonnes in CY2025— can such a low output even cover the costs?
 
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