Australian (ASX) Stock Market Forum

NVX - Novonix Limited

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Dona Ferentes said:
can Andrew Livaris have a meaningful role at Novonix? He is based in Sydney during Covid closures, and is an advisor to the government's National Covid-19 Coordination Commission
https://www.afr.com/policy/economy/...he-new-normal-is-here-to-stay-20200621-p554mb

Liveris' advice to chief executives he works with – either as a mentor or in his positions on the boards of IBM, Worley Parsons and Saudi Aramco – is to be ready to disrupt your own business model, even when you are running a business where cashflows are strong but margins are steady. "That's not what people are looking for. They are looking for unabated margin growth."

Liveris says a CEO needs two key things to navigate this: the right board and the right attitude. The modern board, he says, should be as good at portfolio management – that is, deciding which areas of the business to invest in, which to disrupt and which to exit – as the portfolio mangers that invest in your company.
Chief executives also need to think like the activist investors who have become a feature of modern capital markets, stalking companies with ideas to unlock value. The modern chief executive must be able to look at new business models – Liveris gives the examples of ecommerce, digital payments and electric vehicles – and understand how the broad thinking behind them can be applied in their own business.
https://www.afr.com/work-and-career...-ceos-must-disrupt-themselves-20200722-p55efb
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I failed to mention that Livaris is also a billionaire. I reckon he doesn't get distracted over cleaning the windows (unlike me) - but then, he might not chase down white bellied sea-eagle nests for conservation like I do. Personally, I don't agree with it, but people like Livaris and Forest, etc, walk down the isles of the cabinet offices at Parliament House without impunity.
 
tinhat said:
I failed to mention that Livaris is also a billionaire. .. people like Livaris and Forrest, etc, walk down the isles of the cabinet offices at Parliament House without impunity.
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know what you're trying to say

I think the AFR opinion piece states where he's at:
China wants global leadership, but not for a mutual benefit. China wants a world on China’s terms, and that will force people to make choices. Companies will have to decide whether they have two ways of operating and maximise effort where it best suits them.
That is a simple choice for US or Chinese companies, but tough for countries such as Australia and Canada. Their choices will be made harder by the fact that the US is likely to focus on its own interests for at least a decade or two. In the end, most Western-based companies prefer the US way of doing things...
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wrt to his role at NVX, it would be towards establishment and then scaling up of the Tennessee USA facility for battery mfg - commercialisation of graphite (as the first contracted supplier of high capacity long life synthetic anode). Not dependent on Chinese supplies as per the SharesCafe webinar. PureGraphite, slide 6'50" on the talk

Research aiming for Million Mile battery, by incremental gains (around 12 minute mark)
https://www.sharecafe.com.au/2020/07/24/novonix-sharecafe-hidden-gems-webinar-presentation/
 
'He's dreaming': Mike Cannon-Brookes and coal baron Trevor St Baker clash over renewables
https://www.smh.com.au/business/sma...er-clash-over-renewables-20200622-p554z3.html

Became sub holder 30/6/20
St Baker Energy Holdings Pty Ltd as trustee for St Baker Energy Innovation Trust
Class of securities(4) Number of securities Person's votes (5) Voting power (6)
FULLY PAID ORDINARY 63,073,145 63,073,145 18.1%
Follow the money. In this case, not Mike.
:2twocents
 
Dona Ferentes said:
https://www.sharecafe.com.au/2020/0...-in-the-race-to-build-a-million-mile-battery/
Click to expand...

This is one of a few recent presentations you can find online:

https://www.sharecafe.com.au/2020/07/24/novonix-sharecafe-hidden-gems-webinar-presentation/
frugal.rock said:
'He's dreaming': Mike Cannon-Brookes and coal baron Trevor St Baker clash over renewables
https://www.smh.com.au/business/sma...er-clash-over-renewables-20200622-p554z3.html

Became sub holder 30/6/20
St Baker Energy Holdings Pty Ltd as trustee for St Baker Energy Innovation Trust
Class of securities(4) Number of securities Person's votes (5) Voting power (6)
FULLY PAID ORDINARY 63,073,145 63,073,145 18.1%
Follow the money. In this case, not Mike.
:2twocents
Click to expand...

Trevor is the old bull. His son Phillip is the MD of Novonix.

There appear to be a lot of Robbin Hood traders that have an expectation that the Tesla battery day 22 September is going to provide some magical catalyst for the NVX share price. I don't know what they are expecting to be honest. Seems to be a lot of hype, but then, hype is what is propelling the FAANG stocks right? Maybe the market will wake up to start asking itself where the battery materials are going to come from at Battery Day. Musk's recent plea to "please mine more nickel" certainly made news a couple of weeks ago.

The chart indicates to me that a decision point is going to be coming up in September. I just don't know which way it is going to go.

upload_2020-8-18_14-19-28.png
 
• Lake Resources (LKE) appoints respected Novonix Battery Technology Solutions in Nova Scotia, Canada, to produce high-performance lithium-ion battery test cells using Lake’s lithium carbonate samples compared to industry leading materials.

• Data from battery technology and materials company Novonix will allow potential users and offtakers of Lake’s high purity, responsibly sourced product to make direct comparisons of its performance

(LKE up 15%; NVX up 10%)
 
Bit of a wild ride this morning for NVX on the back of Tesla Battery Day. Someone got excited then thought better of it.

The Novonix Announcement is interesting, nevertheless. Graphite. Yes. Nickel Yes. Ours, Maybe not.
Screenshot_20200923-152130.png
 
Happy happy Battery Day .... NOT

the sort of present you'd rather not get from Elon?

- market isn't buying it

10 minutes with CEO Chris Burns to persuade punters otherwise:
www.sharecafe.com.au

Novonix Positive On Battery Day – ShareCafe

New CEO of Novonix Dr. Chris Burns discusses Battery Day and the recent volatility in the company's share price with ShareCafe Managing Director Tim McGowen.
www.sharecafe.com.au www.sharecafe.com.au


1601633914881.png
 
Novonix told investors in December last year that Samsung SDI had agreed to a one off order of 500 tonnes subject to quality testing, with first delivery expected by October 2020. Novonix also said at the time: "Larger volumes will be considered each year and will be subject to supply performance by NOVONIX, market conditions and SAMSUNG SDI overall requirements."

In an update on Tuesday, the company said:
"Novonix and Samsung SDI have agreed that the full production qualification program should be based around material produced in the 2000 [tonnes] per year expansion."
Click to expand...

$1.01
 
PUREgraphite Awarded US$5.57M from the U.S. Department of Energy for New Technology Development
  • Grant funding will support the development of a new, continuous high efficiency furnace technology for lithium-ion battery synthetic graphite material
  • PUREgraphite is partnering with Harper International and Phillips 66 for this funding opportunity
"The new furnace technology to be developed under this award will be industry leading and state of the art in energy efficiency, environmental impact, and capital cost. This is all part of our roadmap for continued innovation to make the highest performance material at globally competitive costs, all based in the United States”, CEO Dr. Chris Burns said.
Click to expand...


1611302587926.png
 
Novonix has formed a partnership with Emera Technologies, a business unit of Canadian-listed Emera Inc., to develop and manufacture energy storage systems, targeting significant market opportunities throughout North America. Novonix will be participating in the partnership through its wholly owned subsidiary, Novonix Battery Technology Solutions, based in Halifax, Canada.

Emera Technologies launched its microgrid power and battery business, BlockEnergy (https://blockenergy.com/), in 2020 as the first utility-owned community microgrid platform. Emera Technologies is a subsidiary of Emera Inc. (TSE: EMA), a multinational energy holding company based in Nova Scotia with more than CA$32 billion in assets in 2019.

The Emera Technologies and Novonix teams have been working to develop a battery pack including innovative designs, custom manufacturing and control systems to support the BlockEnergy microgrid requirements.
 
Wisely deferred their retail SPP (at 2.90) because the current share price is well below this value. Insto's and directors who bought at 2.90 are probably miffed. An interesting one to watch.
 
Miner said:
Click to expand...
@Miner , I can't open those links ... presume it goes through your login . Cut and paste the relevant bit is more useful

Following significant fluctuation in the NOVONIX share price since the announcement of the SPP, the NOVONIX Board has determined that it would be in the interests of shareholders to defer the SPP until the NOVONIX share price stabilises.

When and if the SPP proceeds, the key terms and conditions will remain unchanged. In particular:
  • The record date will continue to be 7:00pm (Sydney time) on Wednesday 24 February 2021.
  • he issue price for each share issued under the SPP will be A$2.90, being the Institutional Placement price.
  • The amount sought to be raised under the SPP is still expected to be A$15m (although depending on the level of demand under the SPP, NOVONIX may decide to scale back applications, or raise an amount higher than A$15m, in its absolute discretion).
The opening and closing dates for the SPP will change.

It appears only the dates will change ... unless the SP recovers, then either the Plan will be deferred indefinitely, or uptake will be minimal when it eventuates!!
 
I'm picking NVX for the April comp. The SP is well below the Institutional Placement from February, oversubscribed and priced at $2.90. The daily chart attached shows a possible support at $2.09 and I am hoping the price rebounds from around here.

nvx chart 31:3:21.png
 

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