NVX 0.81% 62.5¢ novonix limited

That is a great podcast, what is your take on the comment “We...

  1. 110 Posts.
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    That is a great podcast, what is your take on the comment “We just received this $103 million tax credit allocation under 48C that is going towards the Riverside facility”. Considering the podcast was published 11-Jun and the wording in the last quarterly update was ‘the company was selected to receive a US$103 million tax credit’.

    Anyone with clearer view of how & when these tax credits are allocated?

    I appreciate the company announcement on 01-Apr notes realisation of the full amount is subject to satisfaction of the requirements (which I don’t think have been publicly disclosed) and that it can be monetised through its sale for cash.




 
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