At best these clowns will be 3kt production capable by year’s end. Through 2026 they should produce 2500t for Panasonic returning approx $7.5m nett (30% margin), add BTS $6m and they’re still in for a $50m loss in 2026 So I agree a Cr is imminent and a second in 2026 highly probable. Sp over $1 is still 12-18 months away. 2027 production will peak at 10kt therefore unlikely to return enough to break even let alone return a profit, BTS & C-Suite are cash vacuums. If they’re still operational in 2028 there’s hope of a big turnaround but thats 2.5 years away. Burns should be behind bars, BoD should be prosecuted. So much for 2023 10kt production. Equipment was still being designed & built through 2024/25 therefore 2023 was blatant lies.
NVX Price at posting:
38.5¢ Sentiment: None Disclosure: Held
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