RE:New Press Release - Northern Graphite, North America's Only Producer of Graphite, Comments on China Graphite Export Controls "I think it's time for government and markets to increase their support of the graphite industry if it's going to be ready to support the energy transition," said Mr. Jacquemin.
You think Batman? LOL!
There Hugues Jacquemin goes again "massaging the truth", so to speak.
Northern Graphite, whose Lac de Isles and Okanjande mines and facilities are fully permitted, is engaged with governments and automakers as it sets up to be the next generation carbon materials company for the energy transition. It has a sustainable, integrated, mine-to-market-to-battery solution . . .
To be clear, Northern Graphite Corporation does not presently have a sustainable, integrated, mine- to- market-to-battery solution. What's more, the company which Hugues Jacquemin & Co merely proposed to be providing such a battery anode material solution, Graphex Group Ltd., which proposed to do so by way of it's wholly owned U.S. located subsidiary company, is a China based company which owns all the intellectual property necessarily required for it's wholly owned U.S. located subsidiary company to continue utilizing going forward.
The elephant in the room kind of question would naturally be, does Northern Graphite Corporation have a proposed "BAM" process manufacturing technologies JV partner other than the merely proposed China based Graphex Group Ltd and it's wholly owned subsidiary company, Graphex Technologies LLC Mr. Hugues Jacquemin?
"This news out of China means that, even more than before, we are extremely well positioned to service demand for graphite from battery makers in North America. We have everything in place. As the only producer of graphite in North America, Northern Graphite is clearly in the driver's seat with a tremendous competitive advantage," said Mr. Jacquemin.
Northern Graphite Corporation is not clearly in the drivers seat, i.e.at least not yet and it would seemingly require a act of God (lol) in order to place this company truly in the drivers seat and have the NGC share price be elevated to price points more reflective of a company in the drivers seat.
I guess there is always that chance, eh?
Just keep promoting Hugues Jacquemin & Co. After all, it can't hurt and seems to be helping the NGC share price today.