RE:RE:What Other Are Seemingly Incapable Of GraspingHarley103,
Thanks for the way you worded your reply and your acknowledgement of my effort to inform and assist other readers and shareholders here to more fully grasp the importance of NGC Battery Materials Group's licensed abilities pertaining to the Heraeus Group owned "PorocarbTM" product.
Also, it was not very difficult for me to share here what I know about how important a development this "PorocarbTM" product licensing deal is for the potential future (potential being the operative word) developments for NGC.
The official formation of the NGC Battery Materials Group is also a positive development; as is Northern Graphite Corporation's acquisition of Germany's Heraeus Group's battery division R&D assets and R&D team, inclusive of a fully operational state-of-the-art laboratory located in Frankfurt, Germany and the availability for use by NGC Battery Materials Group of a 100 tpa PorocarbTM" pilot scale manufacturing plant.
You mentioned offtake purchase agreements.
I expect you meant offtake purchase agreements for NGC's remaining graphite reserve, the company's igraphite nventory and what would apparently become the company's new graphite reserves, once mined and processed of course.
By the way, this purchase of assets, the specialized professional personnel coming with and the securing of the "PorocarbTM" product license, especially the manner in which this entire deal is being said to be financed, now clearly solidifies for me personally that "minimum 8 more years" of added Lac des Illes mine life .
Hopefully I am not in any way wrong about this. Obviously there can be no guarantees here about the "minimum 8 years more graphite" which has been said to be in the ground at Lac des Illes, i.e. unless and until such a deposit is adequately proven up and clearly officially stated on behalf of the company as being a graphite reserve.
I do have to emphasize though, it's quite obvious to me that Heraeus Group stakeholders were in some most specific way made by NGC representatives to become convinced of the minimum 8 more years of graphite reserves being available at Lac des Illes; otherwise there would be little to no chance for Heraeus Group stakeholders to have approved of and fully consummated what is clearly a collaborative development and graphite value add "PorocarbTM" high-performance porous hard carbon anode additive coating material product joint venture commercialization partnership.
Yes Harley103. I agree that some NGC Battery Materials Group relating and Lac des Illes graphite value add "PorocarbTM" high-performance porous hard carbon anode additive coating material offtake purchase agreements for that 100 tpa capacity pilot scale manufacturing plant would be absolutely welcomed right about now as well.
In closing, I will suggest the R&D team formerly with Heraeus Group's battery division did not spend 10 years developing the graphite value add "PorocarbTM" high-performance porous hard carbon anode additive coating material product and wouldn't already have been in the advanced evaluation stage with a number of solid state and Li-ion battery manufacturers, had said proprietary battery material developing scientists half-azzed it for ten years.
After all, they were previously battery materials scientists working for Germany's Heraeus Group's battery division eh.
In my experience, German proprietary technologies enabled products developing companies and the personnel they tend to employ are typically "top shelf".