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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 1studenton Mar 12, 2024 11:55am
46 Views
Post# 35928553

RE:PDAC 2023, Hugues told me...75 mW of power req'd

RE:PDAC 2023, Hugues told me...75 mW of power req'dNGC isn't trying to build sweet flock of seagulls all in Baie Comeau, Quebec.
It's a mere pipedream.
What's more, NGC officers and directors won't be able to raise to $1.4 Billion needed to undertake all of what has been suggested by Hugues Jacquemin.

Why doesn't "the company" simply announce that the process in seeking strategic alternatives includes an outright sale of the company and project a sale price equivalent to $0.50 pr share.
This company's representatives couldn't even sell this entire kit and caboodle for what they paid for it, due to the undisclosed amounts of obligations now owed to Heraeus Group and all the obligations owed to "Sprott", etc.

It's no wonder the shate price today is $0.17.
Perhaps now the NGC.V share price would soon be heading straight for that 50% discout to book value per share, $0.09?
After all, it's doubtful that NGC representatives can go about raising the capital required to pursue anything at all, especially at current share price points.
Perhaps a discounted equity offering of 50% to book value per share would become necessary soon enough.



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