I completely agree with you on ramping. St. Baker himself said ramping will occur based on executed contracts. And you and another bloke make a good point that Tesla may not have announced its decision to build its own batteries when the earlier presentation was made.
Musk has already stated that they're already using syngraph. And he's made it clear that the supply lines currently don't make any sense. Using a domestic supplier is the only logical outcome. The trade war further clarifies the need to source supplies somewhere outside of China.
NVX appears to be in right place at the right time. I'm holding long because I think this company has all the right stuff!
I completely agree with you on ramping. St. Baker himself said...
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Mkt cap ! $408.2M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 11.02am 09/05/2024 (20 minute delay) ? |
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| Last updated 11.15am 09/05/2024 ? | |||||
| NVX (ASX) Chart |