RE:RE:RE:RE:Imagine if NGC announced an offtake or Gov't funding....Your interpretation of the expected financial figures is appreciated youknowwhat.
it would certainy be positive for your interpretation to be proven to be nearer to spot on.
Having the LDI mine and processing plant on care and maintenance would have saved the company some money during Q3/2023 and the quality of the graphite having been stockpiled previously was said to be, if memory serves, of a higher grade.
If the intention was to improve the company Q3/2023 financial figures for a near profitability status being attained during the final months of this calendar year, so as to . . .
Suffice to say you may very well be onto something there youknowwhat.
Should the company attain closer to profitability during Q3 and follow that up with a Q4 and 2023 fiscal year end profitable status to coincide with the release of the comprehensive fall-summer exploration and drilling program assays results and the PEA you mentioned being possible for January or February of 2024 . . .
From the little I've gathered, that LDI drill program was meant to not only deliniate the potential strike but to prove up what was known to be there based on a specific historically available and not so recently interpreted data set.
I somehow still expect the intention was also to prove up the expected continuation of one of Graphano Energy Ltd's historical trends running straight onto and through NGC's LDI lands.
I see a relationship forming with Graphano Energy Ltd, this give GEL.V's intent to bring their project into production and perhaps initially having NGC "toll process" a massive bulk sample of Graphano's graphite ore at the LDI processing plant.
It would ultimately be much more fiscally prudent of Graphano Energy Ltd to have NGC toll process all of GEL.V's graphite ore and to have NGC expand the LDI processing facility for future required throughput capacity.