What a beautiful day for NVX shareholders. We have been waiting for it for so long.
Arguably 10K tonne over few years is not a big volume but what is important here is that our product has qualified with Panasonic and now its just a matter of scaling up at both ends. It takes years to get qualified product with a tier 1 customer like Panasonic - Thats much more valuable than having an offtake agreement without product qualification.
My gut feel is - the volume is low because we are constrained by capacity and need to leave enough in their for developing Samsung and LG relationships.
I can appreciate the discussions at the board level now are not limited to 30K but a number much bigger than that.
Media Watch - NVX related, page-13468
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