Novonix Ltd (NVNXF): Novonix continues to advance PUREgraphit...

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Re: Tesla Fandom post# 217

Friday, 10/30/2020 11:29:21 PM

Friday, October 30, 2020 11:29:21 PM

Novonix continues to advance PUREgraphite anode qualification with Samsung SDI and Sanyo/Panasonic for Tesla's Giga Nevada

Novonix released their Q3 2020 Quarterly Report showing progress in their qualification process with Samsung Sanyo and other Battery Makers for their PUREgraphite anode material.

https://i.ibb.co/d0yYcS6/NVX-Q1.png

Dr Chris Burns has been appointed to Group CEO, Nick Liveris to Group CFO, US Admiral Robert Natter to Executive Director and Trevor St Baker to Non Exec Director.

https://i.ibb.co/McpS9h3/NVX-Q2.png

Novonix is now listed on the ASX Technology Index, as well as the US OTC QX Best Markets and sits on $33million in cash at bank.

https://i.ibb.co/jz8J8X3/NVX-Q3.png

They are also on target to commence qualification of their new Single Crystal Cathodes using their breakthrough DPMG manufacturing process at the Pilot plant scale level.

https://i.ibb.co/dtGcM6x/NVX-Q4.png

Cathode development progressing on target…..this market is worth 3-4x the valuable Anode Market!

Over the next 12-24 months, as Novonix announces these multi year, multi thousand tonne per annum Supply Agreements for their PUREgraphite anode, as well as Electrolytes and Single Crystal Cathodes, we will see significant increases each time to the share price as discounted future cashflows are intrinsically added to Novonix Market Capitalisation.

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