I actually find it amazing that 25% with the trial EVA plant is 5,000t of anode product per annum right? And from the top of my head this is fully funded. And this is just the trial plant to get things started. Our market cap is about $500m.
Novonix is scaling up to produce 2,000t of synthetic anode as part of their stage 1. I don't remember if this is fully funded, but from memory this requires significantly more capital. Their market cap? About $1b. I guess part of that is they have really strong ties to Tesla.
But still, we'll be producing more than NVX for cheaper, and doing it greener, and have half the market cap lol. The figures above are just from memory, but makes me feel Talga are still under the radar!
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