Great Lakes Graphite Inc GLKIF

Realistic POV

[Floridas2000]

I love the optimism on this board the last few weeks.  It's good to read.  I do want to be a little more realistic for potential investors so they don't get too rosy a picture.

Near tearm (Next few weeks / months)

DoD

The fact that they are a strong candidate and have given a strong proposal is great news.  However this is one proposal.  For other projects they would have to do multiple proposals.  We do not know what the quantity of graphite is for this project.  Even if they get the contract tomorrow, they will not actually ship the graphite for at least a few weeks, if not more.  So don't expect immediate revenue.  The good is that it will get them known and they will partner up with other companies who want to get in on this.  It won't bring in revenue until next year at the earliest.

CHASM

CHASM is doing great things and their wearable products and products for the phone is starting to get commercially noticed.  Plus this is new technology with a great future ahead.  However the amount of graphite is still undetermined for their products and they need to get traction.

Graphene

Graphene is still in it's acceptance phase.  The company they are supplying seems to have found a way to produce large amounts at affordable prices.  Like CHASM we don't know how much graphite they will need but it is a new technology with great potential.

Mid term (few months from now)

Batteries

In their presentation they've indicated how much is needed.  It's a few hundred tons but not a huge amount.  Still, the margin would be fairly high and they can make money.  I doubt it will be a primary feed for a company but a solid secondary feed would be great.  Battery companies need to be picky and once they have agreement then other larger companies will pay attention.  

Long term (few years from now)

DoD

They can win multiple contracts and become a key supplier.  Graphite / graphene has many military applications include use in Space X.  This is a pie in the sky dream but this will be 1000s of tonnes

New technologies

Greater adopttion of CNT and graphene can be big.  It will depend on the success of the companies they supply to but it's a great opportunity to participare in explosive growth.

Batteries

All it takes is one or two big customers and they will operate at capacity.  Especially with the growth lithium batteries.


Overall, it means expect news but no meaningful revenue until sometime next year.  At that point it would be up to management to leverage their partnerships for really strong growth in the next few years.  If the expectation is for near term strong revenue that won't happen.  Do not expect large contracts until they've proven themselves with smaller one.  However execution from their learning pains can lead to strong growth in the next few years.  If they can achieve cash flow positive after a PP that would be an amazing achievement.

[uncleronstips]

Thats what I meant by saying we still have time to buy shares. First we need sales / contracts to create revenue. It sounds like the company that is interested in buying the "tons " will likely be that first major deal. This would be a great end for 2018 and an even better start to 2019 when the revenue starts coming-in. Most of us have been invested in GLK for years now, so this is not

[Floridas2000]

Absolutely.  This is a marathon and not a sprint and there will be a strong build up until all the wheels are really spinning - it's right there.  That's why the long term investors are here, we know it's coming and why new investors need to understand the build-up has already started and what is the timeline for Novocarbon. A couple of corrections - this phase of the DOD

[BueBoy]

All good points, but let's be honest most of us long term holders are here by default. We bought in to a graphite mining company who would process their own ore and sell it to the wholesale market but have ended up with a stock looking to operate at the other end of the process. Probably all are sitting on a loss which is why we hold on. I agree things look more promising but they did in 2017,

[iamburt2]

I think you are right on here.  I wonder if Floridas latest excuses are two new ones or a clairifcation of previous ones.

[BueBoy]

I think that's unfair. Florida's comments are well balanced but for me I still need to see evidence that management have what it takes to turn potential into substance.

[Floridas2000]

Agreed.  They have to prove it with something substantial.  Until something firm is finalized the stock won't make a major move.  I like their chances because they're actually doing something instead of sitting on PP cash like other graphite companies.

[iamburt2]

Proof is in the pudding.  Talking about it don't get it done.

[Floridas2000]

Nonsensical and irritating but most of your posts are that.  Hiding intention with lies and hints of positivity.   Cheers.

[iamburt2]

you  might be quite qualified to detect a lie being pretty good at it yourself.

[Floridas2000]

What's your definition of an excuse?  Did I not clarify what I found to be issues?  Did I not identify the issues with changing the direction?  Wasn't the entire premise of my post to damper unrealistic expectations.  For a long term holder I found my post to be accurate and not pumping nor dumping.  That is where we stand right now.  As Bueboy stated, it'

[SimplyRunRig]

Lochaber was the mine, Matheson was the plant, but yeah, I also bought and held GLK on that basis (Lochaber then Matheson)...then sold when it got above $0.10, but got back in around this level and below. Hoping they are successful with their new direction.

[uncleronstips]

I agree , but would like to say I bought many shares @ $0.025 , 0.03, so I'm not sitting on a loss. Not bragging, just saying . Yes it's true , we started with a graphite miner investment that has morphed into a very different company today. I'm sure we all agree that this has given us a much improved position by moving from being a mining stock to a potential supplier of quality

[Dadou]

  I notice since I'm on Stockhouse that when the pumpers are active, the action drops (sellers?) And when the bashers are active, the action tends to rise. It seems to be confirmed these days ... :) No? I notice since I'm on Stockhouse that when the pumpers are active, the action drops (sellers?) And when the bashers are active, the action tends to rise. It seems to be confirmed

[bullmoose1984]

Sure dadou don’t you need both in any manner to make a buy and a sell how about the share price ? Show us the graph on bloggers moving share value I really wanna see that one.