RE:Demand for EV’s
I don't think it has anything to do with looking stupid. I would rather be doing other things with my time, as I'm sure you would be. It's about the overall leadership and professionalism of the management team at Northern to do their jobs. They are all being paid extremely well and compensated, to do their jobs. We have the best assets in the world re IRA, best political macro ever for graphite, best geographical postion etc etc etc....and we are consistently the worst performing graphite stock in North America.
We need a spark to turn into a fire...we need these guys to either deliver now, not by March 31st, or be replaced. Hugues has had almost two years and all he has done is destroy this company's valuation and our investment. He's wealthy and rich, he doesnt care about you or I...but I do. I care that all long time shareholders who have been here enduring this grind and this disaster in leadership should be treated better, should be respected, should be at thought of when these guys are out living large off their expense accounts while we dilute ourselves more and more and more...
EV demand has been tough in 2023 due to IMHO:
1) high interest rates, 2) limited charging 3) high priced EV's sticker shock 3) IRA not fully rolled out, more tax based etc....
2024 should rates come down, charging infrastructure improve, lower priced EV hitting the market (2025 we get a 25k its comeing), Full IRA roll out discounted at dealer, and tougher tariffs on China....
the cold is just a speed bump, as tech improves so will those types of issue...I dont think its a big deal, look at Denmark, Sweeden, Norway.....they dont seem to have the issues????
Also, I'm not complaining...I'm pushing for change. Perform or get out.
Enough is enough.