marktan89..I repeat. They are now funded to 10ktpa production. Were at 2ktpa. Not debt. What happens beyond 10ktpa production to get to 40ktpa capacity b/w 2022 and 2025 is simply too far in the future to guess. For us shareholders it is clearly best if THAT expansion and any further expansions are funded through a mix of debt and cash reserves. None of us wants further dilution if not necessary.
With these strong hints at increased capacity planned my personal opinion is that management must be seeing signs of very strong demand.
We can only hope they are correct. They are smart operators the St.Barker's and Liveris' people. Not newbies to the energy sector in any way.
NOVONIX PRICE ACTION 2021, page-225
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