Hi G.
please correct me if I am wrong, however I thought Novonix ha a current 50% share in the joint venture and have the option to purchase a further 25% increasing their share to 75%.
Either way if they are exercising the option, it seems to me that it is a good indication about their confidence in the joint venture.
The interesting thing for will be to see how they will fund it and who is putting up the money.
Ed
Ann: Pause in trading, page-30
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