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Gratomic Inc V.GRAT

Alternate Symbol(s):  CBULF

Gratomic Inc. is a Canada-based exploration and development stage company with projects in Namibia, Brazil, and Canada. It supplies graphite and is engaged in the electric vehicle battery supply chain through the development of its flagship Aukam graphite mine and ongoing exploration at the Capim Grosso property. The Aukam property includes a mining license (ML) 215 (5,002 hectares (ha), in respect of base and rare metals, industrial minerals, and precious metals), and an exclusive prospecting license (EPL) 8746 (49,693 ha, in respect of base and rare metals, industrial minerals, and precious metals). The Aukam property is located in the district of Bethanie, Karas region of southern Namibia. The Capim Grosso Graphite project is situated in the center-east portion of the Bahia State, 280 km from the port of Salvador, the state capital, and 166 km from Feira de Santana and covers over 6,312 ha. It also owns a 100% interest in the Buckingham properties located in the Province of Quebec.


TSXV:GRAT - Post by User

Comment by Candymanon Feb 06, 2021 3:27pm
137 Views
Post# 32493777

RE:RE:RE:Thoughts – Next week

RE:RE:RE:Thoughts – Next week

Yes they are correct. 

I can also explain why the numbers are lower than any of the management wants them to be. 
During the Next Graphite acquisition to acquire the remaining 37% of the Aukam mine project, which Arno started immediately when he took full control over the company in March of 2020. The team was and have been in blackout during this process. 

Then add to the company disclosure as per News Releases of sending battery grade samples to battery OEM manufacturers. 

That's why those numbers are as high as they want them to be.

Managers have been and will, in my opinion continue to exercise options as thats the only legal way they can increase their positions.

Unfortunate for the folks who are working so hard to increase shareholder value, but yet their hands are continuously tied.

For myself, because of my friendship with Arno, I've also been in blackout since March of 2020 too.

But I positioned myself in December 2019 so I'm pretty happy.
Hope that helps. 

Cheers

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