Thanks for sharing PriceSensitive
From the look of this update, all systems are go for the PUREgrapphite purification plant to start Commercial Production in a few days from now, with finished $US8,000 per tonne $A13,400 (min price) rolling off the line and deliveries commencing.
We just need to wait to see when the company will announce they are planning on paying Dividends.
Once the BOD and Senior Management Team are happy with the growing cashflows and sales as more EV battery makers sign onto supply agreements, we'll hopefully get a better indication of Novonix's Dividend policy. (see profit calcs table below)
Also can't wait to see some photos of the PUREgraphite anode material on trucks/trains going to EV battery makers and being driven around in the latest EVs around the world.
The percentage growth in sales, profit and cashflows that the PUREgraphite plant will generate, starting in a few days from now, is unparalleled on the ASX.
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