NVX 3.17% 61.0¢ novonix limited

Ann: NVX SELECTED FOR US$150 MILLION GRANT FROM US DEPT OF ENERGY, page-105

  1. 292 Posts.
    lightbulb Created with Sketch. 105
    if you want a little company to turn into a major manufacturing company there will be big up front capex look at the struggles FMG went through to where they are now.This capex will be needed in the next 3 plus years and we are currently funded to be a 100-200mil in revenue in the next 12-18 mths. we have just secured funding for 20% for the next project from the government
    beautiful. Nvx could become a major commodity technology company and they are ticking boxes. We
    have Andrew Liverus who ran Dow Chemical a manufacturing company on huge scale. He knows the challenges. what do you want to be swallowed up by a major or the little guy becomes the major. that’s the risk. i think they can do it and i am putting my money where my mouth is. cmon 20 projects selected by the biggest economy in the world and NVX got 1 of the top grants. well played they came through with the goods. the market won’t be bad forever back to waiting.
    l
 
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