Novonix CEO Dr Chris Burnsheld a 20min webinar at the Meet the CEO webinar today on Reach Markets.
If you click on the linkbelow, Click Play and it begins. His NVX presentationstarts at the 35min mark.https://*.com.au/webcast/meet-the-ceos-17-june/?utm_medium=email&_hsmi=89677288&_hsenc=p2ANqtz-_FAYUrqAtStClKaUUt3l8rXDiF3JwT5PLqKmF298gRH7kU4kkrSs_TIQ7Y1jmbsXNWScGeHFZ_i11SzZTLbcebAE_oKA&utm_content=89677288&utm_source=hs_email
It is basically a re runof their Webinar from last Friday, but as always there is always something newthey add.
VeryInteresting Comment at the 52min mark, when he discusses the 1million milebattery Dr Burns states "when you use our synthetic graphite(PUREgraphite) you can blow 1million miles out of the water”
At the 54min mark the MCasks 1.”Do you expect to spin off any of these newproducts/companies into new ASX companies, once they become cashflow positive?”
Dr Chris Burns respondswith “we are still looking at the best way to structurethose right now, right now the plan is to hold things under the current listedcompany and build them to a certain state, then of course once they arecashflow positive entities there may be reason to list them separately, butwe are looking at all options now”
At the 55min mark the MC the second question about Commercialisation of the Electrolytes?
Dr Chris Burns respondswith“electrolyte technologies will be commercialisedvia licensing models” basically Royalties for Novonix, which means no need forCAPEX or OPEX for NVX.
Capacity question fromJacky asks that NVX’s targets are too low and Dr Burns agrees. He says about130GWh demand 130,000tonnes in the US alone by 2023. Gain a decent market shareof this and Europe is in addition to this.
Bring on those Supply Agreements!
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