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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 03, 2024 3:53pm
32 Views
Post# 35968724

RE:RE:Hiring customer service representative

RE:RE:Hiring customer service representative GripnRip,

You stated "
Perhaps the FUD posters here should apply..as they know how the company should be run, start in sales and become CEO in 6 months"

That's a big assumption on your part, i.e. do you actually expect this company to be existing as is within six months?
After all,
the shifting, shuffling and dealing away of NGC's equity control should not take that long.
"
The Missionaries On Assignment" have already projected how this company's equity control will be exchanged by way of an "At The Market" equity offering perhaps or perhaps all at once.

By the way,
NOVONIX has announced that Australia's Lithium Energy Ltd and Novonix are together forming a jointly owned graphite mining company which is to be listed on the ASX by way of an IPO.
It's said the jointly owned Axon Graphite Limited would also be investigating and potentially pursuing other prospective projects in the battery minerals sector both in Australia and abroad.
Novonix just came into $103 Million worth of U.S. Governemnt provisioned "sellable" tax credits and has obviously sought to immediately leverage that $103 Million in sellable tax credits.
Do you expect that $20 Million of that $103 Million in sellable tax credits could be utilized to take up a controlling equity stakehold in Northern Graphite Corporation?
After all, a $20 Million equity offering on the part of NGC would allow for the newly formed and jointly owned (roughly 29% owned by each Novonix and Lithim Energy Ltd) 
Axon Graphite Limited to take the pole position here with NGC.

 

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