NVX 4.17% 69.0¢ novonix limited

As long as NVX keeps burning cash (including on large...

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    As long as NVX keeps burning cash (including on large performance bonuses) and has an unaudited half-yearly revenue of $3.9M, a figure many times smaller than the cashburn, I would not read too much into LGES, Panasonic, Samsung et. al. It is just part of NVX's PR propaganda. Just like you keep using these big corporations as your own upramping propaganda. That being said, a newsagent can "work" with Panasonic as well. I am sure they [e.g. Panasonic] wouldn't mind it as long as this "work" doesn't cause them any losses. The difference is, however, that the Newsagent doesn't want to burn any money when they know that these 'collaborations' are not going to lead to any coin. NVX, on the other hand, needs it all to squeeze ever more money out of shareholders.

    So, ultimately, the question is, will these supposed collaborations start printing money for NVX? My current hunch says no.
    Last edited by kokoro: 28/08/23
 
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