Totally agree with the long term projections. The macro market is still a concern in the short term. Novonix have secured a $100M grant in November from the US dept of energy and recently a binding offtake with Panasonic for 10,000 KT of synthetic anode at an assumed price of $12K-$15K per ton. A recent article have quoted $153M USD for the deal, so this would be around $15K per ton. However the needle moved only slightly. 2 years ago it would of rocketed!!
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66.0¢ |
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Mkt cap ! $250.6M | |||
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