Great Lakes Graphite Inc GLKIF

RE:RE:RE:RE:New Gorman Interview

[Floridas2000]

Madagascar will be ready for next year at the latest.  The mine has a good chance to be ready this year actually - very good chance - but I can't see Novo using them this year.  Jumbo flakes are really good in certain applications and I don't think the fine's used in battery is a good place to go.  Maybe for CNT,  not sure.  Guinea would be lucky to be ready for 2020.  They need to develop infrastructure and build up their mine.  They need a bankable feasibility report and who knows when that will be done.  Doesn't matter anyway, Brazil's graphite is good enough for batteries.  You think Australia might be Cougar Metals - makes sense.

It was quiet for so long, I was happy to hear they're progressing this well. but I agree we need more details now.  We need to know we have an agreement with a company to sell x amount of graphite by the end of the year.  Or the government has stated we need x amount over the next y years.  Or CHASM has reached an agreement for x amount of CNT which will require Novo to give them y amount of graphite.  Or even the battery lab has it's first customer, be the new Coulometrics.  That will be the next level of NRs and hopefully some come this year.

Did you notice in the interview when the interviewer asks what to expect in the next couple of months Paul said this is what we expect in the next year?  I think he was managing expectations that everything will not be done before the end of the summer but in a year's time there will be solid contracts.   What he's discussing are multi-million dollar contracts and it will take time to finalize.  But I guess we need to be a little more patient with final details.