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NVX, NOVONIX LIMITED
nipper
post Posted: Mar 11 2019, 02:45 PM
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Posts: 5,387
Thanks: 1960


after a year of trending down, and settling around 40c, li'l ol' Li hopeful Novonix has put a bit back on, made it to 60c today. On no news; speeding ticket soon?

('twas a wonderfully symmetric "hope and reality" graph since listing 2 years ago.... 40c to two dollar, then back again.)



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Feb 4 2019, 10:46 AM
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Posts: 5,387
Thanks: 1960


Convertible Note for $10 million. Some buyers lining up but, so far, nothing on sell side.





--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Feb 5 2018, 08:16 AM
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Posts: 5,387
Thanks: 1960


QUOTE
We selectively increased our positions in a number of smaller companies, .....and a new holding was

initiated in Novonix, a supplier of materials and services to the lithium battery industry....

Argo Investments (ARG) half yearly



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
blacksheep
post Posted: Dec 5 2017, 02:55 PM
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Posts: 5,699
Thanks: 2125


In Reply To: blacksheep's post @ Dec 4 2017, 09:11 PM

NVX's response to the SP movement

QUOTE
The NVX share price has traded down from $1.42 at close of business on the day of
our AGM on 21 November 2017 to $1.00 at close of business yesterday 4 December
2017.

Given the significant downward movement we provide the following commentary to
shareholders and the market generally.

We can confirm there has be no announcements or communications about the
business which would give rise in our opinion to the downward movement of the
share price.

We can confirm that the business is progressing well to plan and budget with respect
to what we have communicated with the market.

The PUREgraphite anode materials business that we are building-up in Tennessee
is progressing well with all our pilot plant equipment delivered and currently being
installed and the company on track to have this plant commissioned by Christmas
and in operation in the new year. We have made significant progress evaluating and
short listing our supply chain and are preparing to run higher volume trials (10 to 20
ton) early in the new year which will provide the necessary performance detail to
prepare to scale the business to 1,000 tpa capacity by 30 June next year as planned.
We have made good progress in engaging with prospective customers both
domestic US battery makers and international battery makers and getting the
necessary agreements in place for evaluating and qualifying our materials starting in
the new year and based on production from our pilot plant which will be up and
running.

The Battery Testing Services (BTS) business in Nova Scotia is performing well with
strong organic sales growth coming from our existing tier one customer base and
new customers including several global brand names in the battery making and
equipment manufacturing sectors. The growth is across many fronts including sales
of our original HPC technology/equipment, sales on the newly released high power
HPC technology/equipment, growth in our testing services and consulting, all areas
exceeding business plan at present. We are currently examining how we can further
accelerate the growth of this business that is experiencing strong demand well above
our capacity to produce and serve. We are currently moving to a new facility that is
five times larger and preparing to launch our first marketing campaign and appoint
our first dedicated marketing representative.

The Mount Dromedary Graphite Project in North Queensland is now in public
notification phase of the process of obtaining a mining license and environmental
authority and we expect to get these permits granted in the first half of 2018.

Andrew Liveris and Admiral Bob Natter have now invested their funds now and are
strongly behind the company with a visit to our Tennessee operations planned for
January.

Overall the business is performing well in all areas.

In respect to the selling of shares most of the selling was prior to the escrow release
which was 2 December and no staff or directors have been selling shares.

The selling appears to be predominantly smaller holders and nominees (representing
multiple small holders) profit taking and liquidating their positions at significant profit.
Some of these sellers are former convertible note holders who’ve all converted and
are taking some of their capital off the table.

There was one larger holder who had some financial difficulties and sold about $1M
worth in one line to a family office (at $1.25) and we have seen a bit of that stock
come back out onto the market.

Other larger holders have generally been holding or increasing their positions.




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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Dec 4 2017, 09:11 PM
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Posts: 5,699
Thanks: 2125


In Reply To: nipper's post @ Dec 4 2017, 06:18 PM

No doubt this ann on the 15 November - APPENDIX 3B – RELEASE OF RESTRICTED SECURITIES - had something to do with the decline

QUOTE
NOVONIX Limited (ASX Code: NVX) advises that 47,170,453 fully paid ordinary shares will be
released from escrow on 2 December 2017. The following Appendix 3B is requesting quotation of
these shares following the end of the ASX restriction period.

In addition to the shares noted above, 1,562,500 performance rights will also be released from escrow
on 2 December 2017. The Company is not seeking quotation of the performance rights.

Attached Image





--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: Dec 4 2017, 06:18 PM
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Posts: 5,387
Thanks: 1960


QUOTE
NOVONIX Limited (NVX, formerly Graphitecorp Limited) is a developer and supplier of materials, equipment and services for the global lithium-ion battery industry
. and back to $1.00 (took the escalator up, and stairs back to ground floor)



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 


blacksheep
post Posted: Oct 4 2017, 02:52 PM
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Posts: 5,699
Thanks: 2125


In Reply To: blacksheep's post @ Oct 3 2017, 08:37 PM

Market like the appointment - SP up 25% currently @ $1.25/share
Attached Image





--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 3 2017, 08:37 PM
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Posts: 5,699
Thanks: 2125


Interesting new appointment......

QUOTE
Departing DowDuPont executive chairman Andrew Liveris has agreed to join the board of fledgling Brisbane battery and graphite company and buy $500,000 worth of shares in the company through a placement.

The Darwin-born, US-based corporate elder will take the role after he steps down from DowDuPont in the first half of next year.

Mr Liveris said he was excited about the opportunity to help create an integrated, global battery materials and specialist equipment company.

“The rechargeable battery market offers huge global growth, with the opportunity to supply differentiated products and establish market share during this relatively early stage of market maturity,” Mr Liveris said.

“I am excited with the prospect of growing Novonix and its technology in the international and especially the US markets.”

Mr Liveris is also a non-executive director of IBM.

As part of Mr Liveris’ prospective appointment, he will invest $500,000 through a placement of 757,575 Ordinary Shares in Novonix (NVX) at an issue price of 66c per share, subject to shareholder approval at the upcoming annual general meeting.

At 3.04pm (AEST), Novonix shares were up 5c to $1, giving the company a market value of about $56 million.

Novonix, a Canadian lithium battery-testing and services business, was acquired by ASX listed Graphite Corp for $5m.

Graphite Corp, run by former ERM Power boss Phillip St Baker, then changed its name to Novonix.

Before the acquisition, Graphite Corp had been focused on the Mt Dromedary graphite exploration project in Queensland, 125km north of Cloncurry.

Mr Baker holds 7.7 per cent of Novonix’s shares, while the wealthy Millner family’s Brickworks owns 15.46 per cent.


http://www.theaustralian.com.au/business/c...2b120781c933e1f
Attached Image



Some Research Notes -
https://www.novonixgroup.com/wp-content/upl...NT-RESEARCH.pdf
https://my.morgans.com.au/research/647DB622...4c-18d547e2ca31



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 



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