Ann: NOVONIX CEO hosts webcast on Panasonic Agreement, page-15

I think betting against them raising capital again soon might be a bit optimistic. I hope they can get through to positive CF at 20 ktpa on what they have, but I don't necessarily expect it. Raising on good news is always a great idea. They have a story to sell at least. Being well capitalised is part of gaining sales I would think.

The funding they have is for expanding to the next level. It is great funding too with a huge grant and low cost loan. But we don't know what cash level they are targeting before getting to this point of expansion, but the grant requires NVX to put in their own matching funding. The loan will have other criteria. So NVX doesn't have $100m USD.

GLTA.