Post by
1student on Mar 23, 2024 8:20pm
It's A FIRE SALE! $0.50 Per NGC.V Share or CCAA Proceedings
FIRE SALE!
THE ONLY EXISTING NORTH AMERICAN GRAPHITE MINE, I.E. UNTIL IT'S NOT.
- Gregorry Bowes has failed as a former NGC CEO and now as the company's Chairman of the Board of Directors.
- Previous to NGC's purchase of the Namibia assets, Hugues Jacquemin failed at operating the Okorusu processing plant and then he convinces Greggory Bowes et al to purchase a failed mine and failed processing plant, which he knew possessed insufficient infrastucture supporting the current Okorusu processing site.
Give them some more RSUs, options awards, etc., for their failures
After all, we know Greggory Bowes et al reward one another for failure and would continue to do so.
The "PorcarbTM" product licensing and purchase of Heraeus Group's R&D facility was another "bait and switch" on the part of Hugues Jacquemin et al.
10 years in development at Heraeus and not a single "PorocarbTM" offtake purchase agreement issuing customer.
Heck, after 10 years, they haven't even performance tested the PorocarbTM candidate product in A samples battery cells.
Hugues Jacquemin purchased a license to something which is not as yet "commercially viable" and tries to tout that as a success; this whilst "bonafide" battery materials developers and actual manufacturers and suppliers laughed at his idiocy.
The disingenuous sack of . . . calls the company 'a serious' player in the battery materials industry? There is another wheelbarrow of excrement for you from Hugues Jacquemin et al.
Achieve something that is actually a tangible deliverable, instead of trying to fool equities investors who have all caught on to your collective nonsense.
The equities investment community is telling you to pack it.
FIRE SALE!
$0.50 per share gets you the only graphite miner in North America.
Not even "Sprott" would go for that when "Sprott" knows NGC is so highly indebted by the obligation taken on that "Sprott" can have the whole kit and caboodle for what Sprott" has already lent NGC, doing so in CCAA proceedings