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Bullboard - Stock Discussion Forum 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... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > I would enjoy nothing more than to....
View:
Post by Gorilladome47 on Jun 25, 2024 5:29pm

I would enjoy nothing more than to....

write a congratulatory post for Hugues, praising him for closing significant governamnet and/or OEM financing etc...shareholders have been waiting for more than two years and absoultely NOTHING of value has been delivered by our CEO.

Today, news RE Graphite One,

"On May 17, 2024, Graphite One entered into a revised cost-share agreement with the Department of Defense (DoD) to adjust the DoD’s share of expenditures related to the accelerated FS from 50 to 75 per cent based on a revised contract value of $49.8 million. The DoD’s maximum share of the accelerated FS program is now $37.3 million."

Clearly, the US govt HAS money and is dishing it out to companies and projects....WHAT IS THE ISSUE HUGUES?

Where is our money?  Where is our support?  Where are our partners? Why haven't you delivered anything?  We are losing money and paying millions in salaries....where is the execution Hugues? 

Lomiko nothing has been supported by both Can and US governments through $$$$$...they are nowhere in sight of reasonably being able to deliver anything re the US and/or Canada's needs for anode going forward....yet, they were funded by US govt. 

"Let's make it happen"....your favorite quote....how about as Frenchie previously pointed out, YOU MAKE IT HAPPEN...you and your fat salary and compensation, you make it happen...

...and I will then write a congratulatory post thanking you for doing your job and delivering;  it's only been two plus years. 

Enough is enough. 
Comment by 1student on Jun 25, 2024 8:50pm
Gorilladome47, I guess you too would be simply waiting for the coming massive and material dilution to nearest to completely annihilate your NGC.V equity investmet value before dumping. I wrote this company off (on paper that is) and so too did the equities investment community at large. Hugues Jacquemin ET AL can't raise any capital without giving away the farm. Everybody and their cousins ...more  
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