NVX 3.53% 88.0¢ novonix limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-10

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    Each quarter will burn $15-$16m cash, the whole year will be up to $60m, at the end of 2024 it only left about $12m cash. According Nvx plan, they will start production at end of 2024 or early 2025, Nvx will need CR as $12m cash is not enough.
 
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