Thanks @Burty85, it's good to be reminded of the reasons...

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Jjadam

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22/06/22

19:53

Post #: 62145670
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Originally posted by Burty85: ↑

I can understand that there is some frustrated holders atm.

While there are people that claim the company has zero fundermentals, which they can't back up with any logical argument. I will also not respond to these type of posters as of late, HC has turned to rubbish with posts of little substance.

Novonix has a lot going for them mid decade and beyond.

ANODE:

Currently scaling 10,000TPA Blue Blue factory, which is already flagged for Kore Power supply contract of 12,000TPA.

Site selection of phase 2, 30,000TPA bulid out will be announced on either Samsung SDI or Sanyo/Panasonic contract.

Novonix has also been supplying material to a number of other potential customers under NDAs.

Minviro report started which will be used for EU expansion using P66 Humber refinery, which is capable of upwards of 90,000TPA of SG from what I have found publicly available.

CATHODE:

KG scale DPMG is showing promising results.

Tonnage scale (10TPA) is 95% installed in the new Bedford facility, with final parts arriving from China in the next month or so.

No indication of customers outside of NDAs currently, but management have been engaged with industry and have Professor Jeff Dahn overseeing this work. That in itself speaks volumes to the quality of the team.

MICROGRIDS:

Partnership with Emera Technologies to scale BlockEnergy micro grids is starting to take shape. Protypes being built and deployed.

Testing with military highly successful and on going pilot in Florida for commercial application underway over the past 18-24 months.

BTS:

While this aspect of the business is only making 'Cafe revenue' its the core of the entire business model and allows Novonix to have an edge over many companies. This is also doubled up with the Mark Obrovac research team at Dalhousie University where Novonix has first rights to all IP it deems of use.

We are scaling current technology using best practices environmental and hopefully on par with current costs or less.

There is some posters that fail to understand Novonix in the future will target other Anode materials as the industry matures. No one knows what will replace Lithium-Ion. Thats probably a poor choice of words, what will supplement Lithium-Ion at scale. The industry has spent hundreds of billions from supply to recycling of this industry, it will not be going away.

While the cash burn is high, it's shown that in the past 12-18 months the company is growing in all the divisions listed above and making headway towards commercial applications at scale.

News hasn't been slow, it's just the nature of the environment currently, coming out of the pandemic, lock downs, delayed shipping and advancement in the anode furnace systems have pushed the customer qualification time frames to the right a little.

Personally I am happy with the direction of the company and willing to play the long game.

What I also didn't list is the high grade natural graphite deposit in QLD that could still be JV'd or sold off.

As always, DYOR and be a big boy or girl and don't blame others if you don't make money. It's the stock market and nothing is guaranteed.

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Thanks @Burty85, it's good to be reminded of the reasons why I first started investing in the company.

NVX Price at posting: $2.27 Sentiment: Hold Disclosure: Held
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