Now vs futureYes let the eggs hatch
Now - NGC has made the ginormous leap from "another chunk of moose pasture" or "moose nesting site" into production. Yes the only one in NA. They have customers, sales etc...not just vapor like every other wanna-be graphite moose pasture outfits FUDsters pump.
Celebrate that !!!
As owners of a producing mine, they have a very clear view of current vs future demand and of what type of graphite, buyers are asking about. If current sales are lagging production capacity but buyers are asking you to quote on supplying them in 2025 or 2026 onwards...what's the hurry to put shovels into the ground and build capacity today for sales that are years away? Just to satiate know-it-all goofballs on a BB ?
Why burn thru your treasury on Compliance to list on a higher Exchange? Worked well for NOU...from $20 to $4..LMFAO
Build a solid foundation of technology partners, offtakes that are profitable (not just to get funding to put a shovel into the ground), Gov't funding etc.
Wonder why the FUDsters don't mention how much $$$ NOU needs to get into production? FMS needs $230,000,000 for Lac Knife.
Makes the $35,000,000 NGC needs for Namibia looks like chicken feed and yes Greg Bowes did spend pennies on a doller to leap from wanna be to actual production. Kudos to Greg for doing what no other CDN co has done in this space...become a producer !!
JMHO