3 Million Tonnes At Mousseau Is Great & NGC is "in no Hurry"3 Million Tonnes at Mousseau is great and clearly NGC is in no hurry to do undertake a PEA for the Mosseau graphite project.
Now we wait and wait and wait some more until the PEA for Mouseau is undertaken and actually completed, i.e. as market demand for graphite feedstock material would some day in the future require.
In the meanwhile, I suggest NGC officers and directors find a way to make this NGC popsicle stand profitable. Somebody here mentioned the idea of senior company executives and the board of directors representatives taking a most serious pay cut and near illimination of their remuneration respectively.
Although, even that necessary measure may not serve to entirely get NGC to operating in the black.
Hugues Jacquemin will tell you that if you want to generate more revenues as a company, the company must grow it's enterprise by way of investment in growth. He'll say nothing, though, of attaining "profitability" of operations either before, during or after such proposed growth of the NGC enterprise being undertaken.
Has Hugues Jacquemin actually ever operated a profitable company as CEO before?
Hugues Jacquemin certainly knows how to spend money; not necessarily generate revenues in a consistently positive adjusted EBITDA and therefore profitable manner. Alas, this is part of why NGC is stuck here in the land of the TSXV Exchange.