RE:No you are not accurateYou, Ogopogo007, stated "There are 2 parts to graphite - mine and mill"
No? You don't say? Really Batman, lol!
"LOM (Life of Mine) is made up of ore either stockpiled at mill or in the ground. As Imyrys (sp?) was planning to shut down LDI mine in 2024 as COO has stated, they spent squat on drilling to expand ore-in-ground."
If you or others think that Imetal/Imerys Graphite and Carbon didn't have the capital resources available and couldn't just keep drilling the living snot out of LDI and keep expanding the find (FYI: a find which had been owned by Lonza G&T, this before Imetal, which is the predecessor company name to Imerys Graphite and Carbon, purchased it) year after year after year, you would be mistaken.
Imerys SA is never hurting for cash and the company is busy now having elected to instead pour massive sums of capital investment (with partners of course; and what partners they are) into developing what could be one of Europe's (France's) largest lithium deposits.
Clearly the originally established economics of any project always dictate and we know that Imerys SA principals are quite content to have Imerys Graphite and Carbon keep manufacturing synthetic graphite and high value added synthetic graphite comprising materials for valued industrial clients and industries leading customers.
You stated "Mill - takes mined ore and processes to customers specification, some customers may require more milling time than others so I don't know exact tonnage available from the mill per year. Will ask at PDAC 2024."
Again, you are not telling us anything new Ogopogo007.
We know that the mill and processing facility is not operating anywhere remotely close to full nameplate capacity and unless and until NGC finds more graphite ore to process at the LDI processing facility, NGC graphite processing capacity will not be anywhere near fully utilized and consequentially revenues generation potential is going to remain limited; not to belabor the very point being that the company's general and administrative costs had been clearly out of line to boot.
This company needs, amongst other things, some serious capital infusions in order to both expedite Mousseau West and East into production and to immediately seek to "prove up" what Hugues Jacquemin suggested could be a additional LDI life of mine extending 5 Million Tonnes of graphite.
Farting about in Namibia whilst the company waits for the Chinese vendor to ever so slowly manufacture and ship all the graphite processing plant equipment required and doing so for the next 18 Months to 2 years before all that graphite ore can be shipped, at quite the expense of course, to Quebec for processing . . .
Let us just say that NGC requires that the graphite ore extracted in Namibia must be processed and upgraded in country and also be proprietary process manufactured into spheronized coated and purified graphite "BAM" right there in Namibia for would be European operations maintaing battery cells manufacturer customers and their respective automotive OEM partners.
You went on to suggest that "to get the mine and relocated mill back into production in Namibia will only require a dingy of capital thanks to the great deal Greg pulled off when these assets were purchased for pennies on the dollar."
If you can consider, what?, $45 Million or so - which is far beyond the company's current market cap of $30.554 Million - to be "a dingy of capital", I would suggest you stop hitting the crack pipe and simply just say no to drugs all together Ogopogo007.
By the way, I couldn't give a rat's behind for Focus Graphite and you should have already noted precisely that which Nouveau Monde Graphite does actually currently have in operation, i.e. a proprietary merely initial 2,000 tpa capacity to process manufacture spheronized, coated and purified graphite "BAM" for Panasonic and/or many other battery cells manufacturers and their respective automotive OEM partners to performance test, validate, qualify and certify, is exactly what Northern Graphite Corporation is apparently nowhere near obtaining access to.
Hmm? Perhaps a tie-up with Syrah Resources Ltd would now be a most viable option for Northern Graphite Corporation?
Then again, perhaps it would be better to sell the whole kit and caboodle to some other company for a total of $75 Million and simply seek shelter in order to ride out the geopolitical, geoeconomic- socioeconomic storms headed North America and Europe's way?
Does anyone have $0.75 per share to offer Northern Graphite Corporation, lol?