The company has held off because it’s hard to put a price on what they will be selling their synthetic graphite for, these big offtakers they have and will be wanting better deals atm (china). This company will not sell their synthetic graphite until the final determination is done (December 5th 2025) and their product is more attractive than china…..cheaper. cheaper. cheaper
Until then…crickets and no rocket ships, hell…management wouldn’t have a clue
Can’t do much about the share price they will get their bonuses and their salaries as time is rolling on
Wouldn’t be surprised if they don’t do a capital raise, as a young person in their early 20s I made the mistake of investing in companies that are so heavily impacted on macro factors changing because they get delayed and delayed and delayed and your companys cash gets burned.
NVX Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held
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