GREY:BNCIF - Post by User
Comment by
sjanneson Jul 24, 2014 3:56pm
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Post# 22779601
RE:Big North Graphite steps that need to be taken
RE:Big North Graphite steps that need to be taken Seeing the latest interim financial statement the sale of amorphous graphite is still losing money. I'd prefer them to fix that first, create a (semi) steady source of income and then get the El Tejon property back to work. Ofcourse they should start with some long time work that need to be done for El Tejon, get permits etc. But i would prefer them to not spend too big money on it before they turn around the amorphous business. Same goes for timelines, i think the timeline of getting El Tejon back on track might be 2 years+ so i rather hear a good plan to get the amorphous sales profitable. They are selling some small quantities allready, why not make sure those sales are profitable and increase those sales before pumping more money in El Tejon?