I think Novonix's share price will rise to new highs with the next major milestone announcement Melinker...On the 23rdof September 2019, Tesla’s Head of Battery Research Pr Jeff Dahn announced a 3year old battery chemistry we all now call 1million mile battery.
On that day, Tesla’s shareprice was sitting at $US241. Then Tesla's share price rise began all the way to $US1365 today….
Especially after the January2020 Quarterly Meeting for Tesla where the company stated that revenue andprofits from its ESS Grid Storage systems, Powerwalls and Megapacks will makeup more than half the company’s future income…which needs long life, high energy density batteries....something that Novonix has stated a number of times their battery materials can achieve.
This also lines up with Novonix's Sanyo/Panasonic MOU announcement on the 28th of January 2020 and Novonix's Quarterly Report released on their and 31st of January 2020.
https://www.asx.com.au/asxpdf/20200128/pdf/44dk1v7y28rf3h.pdf
Click on the Quarterly Report link below and scroll to Page 5. Click on the link and it takes you to the Sanyo/Panasonic Contract with Tesla on the US Securities and Exchange Commission website.
Why would they place this link on an official ASX announcement????
https://www.asx.com.au/asxpdf/20200131/pdf/44dpt26ryk2drj.pdf
https://www.sec.gov/Archives/edgar/data/1318605/000119312510017054/dex1027.htm
WHich also lines up with what Pr Chris Burns discussed with his webinars over the last month. "blow 1million miles out of the water" This also means blowing 20++++ yrs on the Grid!
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