You and Kok clearly dont understand this business properly, Novonix only has to MATCH the grant to receive it, and they already have enough money just about to match it, so thats a NON issue.
And in terms of NVXs cost share of the project, yes theyll have to find 870mil, but like what the other poster said, it wont all be in 1 hit, payments will be made in intervals as the project is being completed.
Not to mention Novonix already have ways to get that money, do you not think they are capable of coming up with 800mil? They can use up front payments for offtakes, loans or even just get a big player to pump in 500mil of it for a % share of the company just like they did with Phillips.
If you guys are gonna be a downer about a stock, atleast have 100% facts to back up whatever negative words you can come up with.
You and Kok clearly dont understand this business properly,...
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Last
64.0¢ |
Change
0.005(0.79%) |
Mkt cap ! $312.9M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 65.0¢ | 62.5¢ | $652.2K | 1.024M |
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| No. | Vol. | Price($) |
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| 3 | 48928 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 64.5¢ | 800 | 1 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
63.5¢ |
Change
0.005 ( 1.00 %) |
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| Open | High | Low | Volume | ||
| 64.0¢ | 65.0¢ | 62.5¢ | 237102 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| NVX (ASX) Chart |
