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.

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Great Lakes Graphite Inc

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Comment by alphatradeson Nov 02, 2017 11:16am

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Post# 26894318

RE:RE:This is gonna be a x10-100 bagger

ROI is not based on sales volume, but on profit...
You might also want to get your numbers right as the going prices for CSPG are more around 8 to 10K, wich means around 80 to 100M of potential sales for the joint venture
40-50M of sales for GLK (keep in mind this is only for 10 000 tons, longterm goal being 50 000 tons). Gros mrgin on this product might be in the 20-35% range wich leads to a 8M to 18M expected contribution margin for 10 000 tons of production... not too shaby.

And yes, this is still within you ROI range (or even better). Just wanted to make sure the proper numbers and potential was used.

IMO the stock should have risen abov 10 cents with a news like that, the market is probably waiting on the financing structure and closing to react

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