agree, it feels most likely an investor/partner deal to fund an early expansion to the 150tpa these guys are capable of producing by 2030.
Any NVX is a bargain for anyone looking at this from a future battery tech space, as well as bottom line EBIT when they produce these margins in ever increase EV market share growth
Hope we get a discounted SPP as well
But either way an investor/partner across future phases of the project is a great outcome...
Ann: Trading Halt, page-72
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