First of all you want to see actual cash flows (i.e. production). That itself doesn't meant that the company is going to be sustainable and profitable, but at least it is an indicator that something is happening. Some dudes reading off powerpoint slideshows and making promises, I am sorry to say, are pretty much meaningless, as it has been proven over and over again in the case of NVX. Until you see actual production, it is all just one massive gamble. You have hundreds of such gambles on ASX, if you think about mining penny stocks which haven't reached production, but yet keep promising year after year, one CR after another, that any day now they will start digging and printing money.
That being said, I don't really see NVX getting anywhere with the production anyway. You may think NVX is a uniquely positioned, revolutionary company, but really, it would be competing against already established and well-funded companies with multiple income streams. Mind you, the EV/battery industry is going through tough times itself. So, good luck with that.
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