NVX 0.69% 72.5¢ novonix limited

Media Watch - NVX related, page-8129

  1. 4,531 Posts.
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    As an indication of how the EV transition is going PLS had a spot auction result today which turned out another record . All the BS that reports of lessening demand and declining sales or orders are only about the fourth attempt this year by the likes of auto makers ,Goldman Sachs and co trying to pour cold water on the transition so they can mop up as many shares in battery metal companies as possible. Hence the continuous bot activity holding the NVX SP in place while they accumulate. Unfortunately for them and us with Philips66 holding so many shares and management insiders also holding fairly sturdy hands not a lot is on sale for them to accumulate. I’m hopeful they get partially left out in the cold when an offtake agreement or two lands and fast forwarding site selections etc move forward sooner rather than later there’s no question business will boom for synthetic graphite and companies will be climbing over each other to get a piece of the action. My only question is how much production can NVX produce ASAP to meet the demand that will be on their doorsteps.
 
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