Northern Graphite Corp V.NGC

Big news

[MaterialsMan]

Hyundai annouced plans for a five billion dollar battery plant in Georgia, USA. Apparently, they do not want to miss out on the tax credit deal. Looking for a 2025 opening. That is a lot to do in two years. Now if NGC, being the only vertically intergrated North American supplier of graphite could get an offtake agreement, the SP would go to the moon.
Now if a 5 billion dollar battery plant can be up and running in two years, then certainly NGC can have their annode operation ready in time with a little cash infusion.

[1student]

Yes. A offtake agreement being secured on behalf of NGC could send the share price  to about $150. However, that is wishful thinking on your part Materials Man, i.e. "a little cash infusion" isn't going to cut the mustard, so to speak. Also, you speak of a offtake agreement when the merely proposed Baie Comeau 200,000 tpa supersite graphite processing facility and "BAM