RE:Northern...still undervaluedOgopogo007,
You have a nack for stating the obvious.
I obviously agree that as the only graphite miner operating within north America, NGC must stand out in the crowd amongst wannabe North American based graphite miners.
Initially, when I first began extolling the potential benefit of taking up my investment here with Northern Graphite Corporation and also a good while afterward, I spoke to such a obvious point and much much more.
In stating the obvious, I will say that for every quite obvious and quite supportable reason since that time, I have halted what some here could have considered my overly exuberant promotion (at the time I didn't consider it less than honest promotion) of Northern Graphite Corporation and all that which I was apparently wrong about with respect to the pace of the then necessary development of this Northern Graphite Corporation enterprise.
You said, "The company now has a $35M market cap, at June 30 they had cash, receivables and inventory on the balance sheet of around $28M. This is way undervalued based on the in-situ value of resources at Lac des Iles, in Namibia, at Bissett Creek and Mousseau.
That was at June 30th and this is nearer to 4 Months later Ogopogo007.
We know that the company's officers and directors have not achieved adjusted positive EBITDA during the following interim period and you or anybody else who would even attempt to suggest they have would be laughed out of the room, so to speak.
In terms of what you are referring to in this instance (your "key points), I would suggest you do present quite valid points; and yet, that simply doesn't help to change the calculus for those perhaps would be NGC investors who would have most seriously considered and been disuaded by the very real potential (I'd suggest it's immensely probable) of having any equity position aken up here with NGC immensely diluted going forward.
In once again stating the obvious, I will reiterate this company requires immense amounts of capital and there are only so many non-dilutive ways to raise such desperately needed capital without, amongst other things, selling portions of or the entirety of NGC shareholder current and future interest, whether it be in one or more company assets or otherwise.
I will concede that Mr. Hugues Jacquemin & Co have indeed recently taken successful strides in raising under $1 Million in specifically non-dilutive capital by way of the additional gross revenue royalty sold to that entity which Gregory Bowes has been and currently remains a advisor to.
Mr. Jacquemin & Co need to do immensely more in terms of expressly non-dilutive capital acquisition.
Pray tell. What are your thoughts on this point most specifically Ogopogo007? Would you agree with my "key point" as I have agreed with your own; or, is there no room for reasoned dialogue here with you, amongst others?