NVX have stated on numerous occasions now that they intend to gain funding from the DoE loan program under the ATMV stream and are exploring prepayments to support finalisation of their scale-up.
Most new customer are looking to commence operations in 2024/2025.
The JV in the kingdom of Saudi Arabia will likely be funded through finance programs run by the kingdom.
This is far from being a done deal.
I'm sure your charts are useful, but the turnaround won't change until they confirm finance arrangements. At that point it should climb to reflect the potential of the associated revenue being derived from the various operations.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-60
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Last
72.5¢ |
Change
-0.050(6.45%) |
Mkt cap ! $357.9M | |||
| Open | High | Low | Value | Volume |
| 78.0¢ | 78.0¢ | 72.0¢ | $2.096M | 2.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4330 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 13889 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| NVX (ASX) Chart |