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1.39% 73.0¢ novonix limited

That is insufficient amount of cash. Pure graphite needs more...

  1. DoctorFouad
    2,426 Posts.
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    05/05/18
    02:08
    Post #: 32900197
    That is insufficient amount of cash. Pure graphite needs more cash than 4.1m$ in order to expand from pilot scale to large scale and build a commercial scale graphite anode plant.

    IMO they need either cap raise or debt funding. 10m$ ? 20m$ ?
    NVX Price at posting: 73.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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