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Ann: Results of Meeting, page-20

  1. 379 Posts.
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    Interesting Greenenrgy

    It is the NEXT company update that will tell us when NVX will turn cashflow positive - you know that for sure?

    I wonder how you know that, as I looked at the last company update on the ASX from 04.02.2019 titled "CONTROL OF PUREGRAPHITE ACHIEVED AND FUNDING SECURED". There was no mention that the next statement WILL state when NVX is going to turn cashflow positive.

    As for the last Quarterly Report, it does suggest that for the current quarter, cash inflows are expected to amount to $1.4m while cash outflows are only estimated to be $1.285m. In theory this implies they will be cashflow positive in the current quarter, if their estimates turn out to be accurate.

    However, you know for sure that there will be no other announcement from the company and that the NEXT announcement will definitively state when NVX will be cashflow positive.

    I keep wondering how you keep making these definitive statements - apparently without any direct position with the company or its advisers.

    But then I forget that you are not an individual, but you represent a group of people and your insights are "crowd sourced". If anyone hears something, you can post it as a collective insight... hence the "we" in your posts.

    I am not sure if Hotcoper's "terms of use" actually allow this, as you sign up as an individual.


 
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