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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

Comment by Floridas2000on Oct 16, 2018 10:05pm
63 Views
Post# 28815175

RE:RE:RE:RE:RE:Bid 3.5 cents

RE:RE:RE:RE:RE:Bid 3.5 cents
Aidan001 wrote:
Floridas2000 wrote: Did someone say they're running out of money?

- They're getting money for the Lochaber.  First payment came in.  
- One of their partners, CHASM, got 11 million dollars.  Yes it's not their money but it would help them in any of their shared expenses.
- They will do a PP, they have to, but probably after they have a good NR.

The problem is less the money and more the contracts and new business.  If we get a contract with at least 1 or 2 of them we're good.  If not then we're screwed.  Who is fascinated with money now, it's a small cap company - you do your DD and buy on potential.



They haven’t received money for lochabar according to the latest interim financials - page 10


“To date, the Company has not received first installment payment payable under the agreement. “




Ugh.  SJL is such a joke.  Hopefully they get their act together, they did a recent PP so they should.
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