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Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a mineral resource exploration, development, and production company. It is engaged in the acquisition, exploration, development and production of graphite and other battery mineral properties. It is focused on producing natural graphite and upgrading it into high value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies. Its mining operations and projects include Lac-des-Iles (LDI), Okanjande, Bisset Creek, Mousseau West, and South Okak Project. The LDI graphite mine is located approximately two kilometers south of Lac-des-Iles, Quebec, approximately 110 km northeast of Ottawa and 180 km northwest of Montreal. The Okanjande graphite deposit, located approximately 22 km south of the town of Otjiwarongo, and the Okorusu processing plant. Its products include natural flake graphite, natural flake graphite for friction applications, and others.


TSXV:NGC - Post by User

Comment by Gorilladome47on Jan 26, 2024 1:26pm
32 Views
Post# 35847414

RE:Hugues Jacquemin, CEO of Northern Graphite needs to be fired

RE:Hugues Jacquemin, CEO of Northern Graphite needs to be fired

Suspend all managment compensation immediately.  How can Hugues and others continue to reward themselves for poor performance?  How long are shareholders expected to bleed while these incompetent executives add to their millions of shares with more cheap annual options at our expense. 

They fail to execute.  They fail to manage our captial markets.  They fail to effectively message to the market.  They fail to deliver on one single LOI, non binding etc in almost two years.  Yet all this time, they pay themselves generously and compensate themselves with cheap options and fat expense accounts..all on our dime.

Hugues, Greg and others are all sinking this ship through a lack of competence and professionalism. 

Suspend all performance bonuses and compensation until they can deliver on something real, something of value...and not another expired promise or LOI which only kicks the can down the road for yet another round of salary, bonuses, and all time low options compensation. 

Call the company.  Email the company.  No more compensation until shareholders see some competent execution.  After almost two years of market cap destruction, is that asking too much from this failed managment group?

Enough is enough. 


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