"No visible future"
All the nasty history of this stock aside, there's a visible future. How likely is what's up for debate (but I'm not touching that today).
My thoughts are that this comment from the 4C is clear. Tangible results are expected this year.
"The Company plans to begin commercial production in late 2024 at an initial 3,000 tpa to support theCompany’s supply agreement with KORE Power" Real revenue, if not 2024 then in 2025. Would be a big milestone for the actual business fundamentals.
I've seen this sentence in several previous 4C's as well. The fact they haven't pushed the date out for a while is promising.
I don't have 100% faith though and after all the delays getting to this point I'll wait and see before taking another punt.
Would love to see the day when NVX announces they've started production of KORE's actual supply!
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-59
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