Start of Production

  1. 2,861 Posts.
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    This is where it all becomes real for NVX - the past will be the past like all small caps to actually get going, to get to this point is where things start to change.

    We as shareholders will start to see real value once production actually starts that's when the SP will have a rerate.

    From Annual Report
    "Completed installation of substantially all required mass production equipment for our lead customer, Panasonic"

    Don't have to look for customers to offtake what we produce it's already fully allocated:

    "fully allocated through long-term offtake agreements with Panasonic Energy, Stellantis, and PowerCo."

    I got a response last night from NVX Management where i asked whether they had a date for the start of initial production - response was - regarding start of production they pointed to the June Announcement

    "NOVONIX will begin shipping commercial-grade synthetic graphite from Riverside later this year with mass production starting next year for our lead customer, Panasonic."

    so looks like we are still on track for this year for initial start.

    Fingers crossed nothing changes.

    Cheers

    M.oz
 
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