On the plus side, we get a reasonably transparent report for the first time in a long time. Even with the delays, at the very least they provided some context as to why.
On the negative side, which this report unfortunately is, once again they have announced delays to the production timeline; and this time they have owned it, vendor delays. That said, what bullshit. This company has been trying to scale up for five years -- imagine getting close to the last hurdle and not being able to meet your customers requirements because they don't have the fu$#&$+ equipment. Absolute piss take.
The new CEO has some work to do -- mainly due to the incompetence of the outgoing CEO who was in way above his head.
NVX Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held
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