In summary of last few days bombardment of info in posts from me, Id like to raise a few points of great satisfaction.
Corporate Connects detailed research report on NVX is to the point and precise. See report in previous posts and part below. Released on 18 th Nov before the VW Powerco deal.
Its states NVX has completed all due diligence to recieve the DOE loan. And 1 more deal would secure it a give site of line for the government. Guess what, VW did the deal only 5 days ago as we are well aware some may not be aware.
NVX really is poised to create a massive Sythetic Graphite business and the only one in USA. And with 5 major offtake agreements secured NVX is ready.
With quite confidence Novonix is about to secure a loan to develope the Greenfield site. To meet production requirements its a priority!
Very excited to be apart of this journey and what's ahead. And to be prepared for offtake orders the plant would need to be started very soon!
Common sense and rationale would suggest and lead to the conclusion that the loan is imminent!
NVX Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held
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