NVX 7.19% 71.0¢ novonix limited

Ann: LEADERSHIP UPDATE, page-46

  1. 1,990 Posts.
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    Hey PP - long time buddy.

    We got a bit heated sometimes back in the day didn't we. lol

    You really didn't like Liveris did you - lol

    It turns out though you were right. He's done sweet FA for this business. They used his name for pumps and achieved nothing good for the business. I hoped at the time management were actually going to achieve some great things, and they haven't yet.

    It became clearer and clearer during 2018 - 2019 that things were not progressing how they'd planned. $10m+ wasted on a graphite mine that can't be mined in QLD, a small niche battery testing business that is not profitable and they over paid for, $20m+ write down losses last FY, poor communication and vague announcements that failed to show proof of what was actually happening.

    Sincerely, all the best mate.
 
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