NVX 2.84% 68.5¢ novonix limited

Media Watch - NVX related, page-6559

  1. 292 Posts.
    lightbulb Created with Sketch. 105
    Bit late to say there is blood on the streets but lets take a step back and look at the company from above
    We have enough cash to get us to a position of generating significant revenue and more growth.
    We raised raised cash at $3 with directors taking there placement even with the price significantly below placement. (was executed with good timing)
    Phillips 66 invested at $2.60 with a big stake and they are the leading specialty coke produces in North America and Europe.
    They now have a technology agreement on improving the processes ( big tick on NVX's technology)
    We have purchased and installing machinery in a new facility in North America 40000 sq ft.
    BTS has new purchased facility and is now operational.
    Taken a 5% stake in Kore Power they are expanding massively and have just won a battery storage contract in the UK wind Farms
    Exclusive Supply Agreement with Kore Power
    Energy Storage with Emera which has a finished product being tested commercially
    First Class management with new Additions
    Top 20 hold over 60% percent of the company ( would be nice to confirm that)
    Every week i look at new positions for the work force advertised. How many staff are on the team now?
    The Battery/Energy storage space is still early and we know the growth runway is massive i guess we might go down more but there has been significant investment at these levels and since then the company has grown into a different looking beast than what it was 12 months ago.
    Has anyone else got more achievements to add?
    I will be holding guess it has not been the best stratergy but the company cant dictate the market my plan was always a 3 plus year hold and has been 1 but it has been a wild year geez

 
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