Why would there be fear?
Novonix is sitting on at least $30million in cash and their Novonix Battery Testing Division is still growing at 30-40% per annum.
Novonivx BTS generated $4-5m in sales revenue last financial year and Novonix has multiple Supply and License Agreements which will be announced at any time...
https://www.asx.com.au/asxpdf/20200623/pdf/44jvz5jjwk7f55.pdf
And a single Puregraphite anode supply agreement for a 30GWh EV factory (30,000tonnes of graphite) is worth $A260m in annual profits, let alone a supply agreement for Tesla’s Terafactory in Texas!
Class 2 Nickel, page-6
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