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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 Apr 01, 2024 3:43pm
36 Views
Post# 35963516

RE:They

RE:Theyyouknowwhat,

You stated "
TheShould just sell the whole thing.

I have been suggesting the same.
However, I don't know that you could call it a sale though; it's likely to be a shifting, shuffling and dealing away of what would amount to being NGC's equity control at share price points which would be planned as being discounted to NGC's book value to share price, perhaps $0.09. Heck, perhaps lower that $0.09.
Northern Graphite Corporation may not last as long as some people here would have others believe.
Immensely tougher times are coming for companies presently nowhere near being downstream actual products manufacturing operations integrating natural flake graphite miners.
NGC doesn't as yet have a sufficiently performance tested, validated, qualified, certified and therefore proven as "commercially viable" "PorocarbTM" porous hard carbon anode and cathode additive coating product - perhaps after another 10 years of so called "development".
In comparison, Nouveau Monde Graphite certainly does; and Panasonic and GM, amongst a soon to be announced other battery materials and battery cells manufacturer, have served to sufficiently de-risk the Nouveau Monde Graphite mines to finsihed battery anode materials enterprise.

In my opinion, Hugues Jacquemin presents as being just one of a group of NGC "Missionaries On Assignment"; nothing more.

Alas, the writing appears to be on the wall for NGC


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