Great Lakes Graphite Inc GLKIF

Great Lakes Graphite Inc is an industrial minerals company focused on bringing carbon properties and products. It focuses on the manufacture, marketing, and sales of graphite products. Its product is categorized in types: graphite and advanced carbon products. Some of its natural flake graphite products are Micronized, High purity micronized, Ultra-high purity micronized, Spherical purified, and Coated spherical purified. The advanced carbon products include ALD-Coated graphite, Graphene, and Carbon composite materials.

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Great Lakes Graphite Inc > Bid 3.5 cents

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Comment by Aidan001on Oct 16, 2018 8:03pm

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Post# 28814578

RE:RE:RE:RE:Bid 3.5 cents

Floridas2000 wrote: Did someone say they're running out of money?

- They're getting money for the Lochaber. First payment came in.
- One of their partners, CHASM, got 11 million dollars. Yes it's not their money but it would help them in any of their shared expenses.
- They will do a PP, they have to, but probably after they have a good NR.

The problem is less the money and more the contracts and new business. If we get a contract with at least 1 or 2 of them we're good. If not then we're screwed. Who is fascinated with money now, it's a small cap company - you do your DD and buy on potential.

They haven’t received money for lochabar according to the latest interim financials - page 10

“To date, the Company has not received first installment payment payable under the agreement. “

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