Eddy actually you are right about the 75%. Although this seems to refer to the less than 1,000tpa volume.
Looking at what you posted from the MD’s presentation at the AGM.
’50% (with right to increase to 75% of first 1,000TPA and100% above 1,000TPA)’
This refers to the Up to 1,000tpa profit share, I only used a 50% profit share for NVX in my calcs. I need to lift it to 75% and repost. Thanks for that. This adds approximately $5m profit for NVX from the initial $10million up to 1,000tpa.
Above 1,000tpa, definitely rises to 100% profit share for NVx.
An excellent decision by the company to take up this Call Option.
G
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Mkt cap ! $276.4M |
Open | High | Low | Value | Volume |
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View Market Depth
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2 | 60208 | 0.570 |
4 | 87101 | 0.565 |
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4 | 59205 | 0.555 |
Price($) | Vol. | No. |
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0.590 | 61500 | 3 |
0.595 | 111499 | 6 |
0.600 | 28892 | 9 |
0.605 | 9000 | 1 |
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NVX (ASX) Chart |