Great Lakes Graphite Inc GLKIF

Insight

[Floridas2000]

Hi - I've invested in this company for some time and I want to give some insight in between my meetings.

- Right now, for good reason, people are skeptical about graphite JV companies.  So even though some are interested in the company, they are lumped in right now with the CSPG, CCB, etc. of the world which made it hard for the them to get client confidence.  Changing name can help seperate them from that group
- Let's be honest, they were not going to develop Lochaber and they were a processing firm a long time ago.  All this does is put a name on it and make it official.  So no, they can no longer do flow-thru shares or anything mining related.  But they may be able to access other things as a producer.
- They want to sell high value graphite.  Just graphite.  They will target batteries, but it can't be only batteries because they have an agreement to sell for lubrication.  So no chance for lithium or cobalt and they should only stick to what they know anyway
- I strongly believe this is a set-up so that they can sell it to a certain client.  I would not be surprised if the client asked them to do it because of the potential size of the contract.
- This name change is not a re-branding thing like NextSource / Energizer.  They needed a new face because they were failing but they're doing the exact same thing.  This is GLK saying we are not a Syrah, we are a baby Asbury Carbons / Graftech.  To me this is a nothing announcement but something that had to be done.  Like putting on your shoes before you have to run.  So they're going to the race and the people running say you want to run our race but you have no shoes, you can't enter until you do.  Now they put on their shoes, so they can run.  I am waiting for the news when the race actually starts.  Hopefully soon.

Good luck all.