RE:Lifted from elsewhere Sounds wonderful. This is a 24 million dollar company that on September30 2023 had quick ration of approximately .55 to 1 not enough to cover their current liabilities.
But hey to listen to their CEO talk no problem we are building the largest anode plant in the world subject to financing of course. I wonder if the sharks are circling the wagons and will attempt to buy the whole company screwing the shareholders that put their money up.
Hugues being hired as CEO was a mistake time to admit it. He needs to be manager of graphite mining division he should not being doing interviews the company needs an experienced CEO.
The biggest problem is the continual discussions surrounding Baie Comeau is hurting the market cap of NGC. Potential shareholders just do not believe it. Frankly neither does the management of NGC. When are they going to close on the property and start work on a PEA.
The public relations specialist keeps promoting Baie Comeau and the market cap keeps dropping.
The day Pav Jordan was announced being last April 11 the market cap was approximately $65 million. It has consistently dropped to its current not level of around $24 million. Pav Jordan still has a job I am shocked. Not really.