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Great Lakes Graphite Inc GLKIF

Great Lakes Graphite Inc is an industrial minerals company focused on bringing carbon properties and products. It focuses on the manufacture, marketing, and sales of graphite products. Its product is categorized in types: graphite and advanced carbon products. Some of its natural flake graphite products are Micronized, High purity micronized, Ultra-high purity micronized, Spherical purified, and Coated spherical purified. The advanced carbon products include ALD-Coated graphite, Graphene, and Carbon composite materials.


GREY:GLKIF - Post by User

Bullboard Posts
Comment by Rechnerhandon Mar 01, 2017 7:46am
76 Views
Post# 25910393

RE:RE:Financial Report_year ended 2016

RE:RE:Financial Report_year ended 2016First - don't get me wrong when I pick out just these 2 numbers on the 1st level as they are imminent for their core business at the moment and second - it is relevant as this business model is the one which is working at the moment and probably need to do so in 2017.
I'm open for arguments to say that higher cost of sales are not relevant then revenues.

Anyone knows how many tonnes GLK delivered until end of July and afterwards until end of October or received by DNI?
What I can assume is GLK has revenues of about 226,522CAD in 6 months and 185,212CAD materials purchase from DNI (business year ended) for the same period but there is no reference to tonnes.

" ... Pending completion and commissioning of the Matheson facility, the Company’s sales have been limited to synthetic graphite products, for which negative margins are achieved. ..."
Bullboard Posts