Northern Graphite Corp V.NGC

Alternate Symbol(s): NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles, Okanjande and Bissett Creek. Its products include Flake Graphite Products and Porocarb Products. The Lac des Iles (LDI) mine is the only flake graphite producer in North America. The LDI mine is located approximately two kilometers south of Lac-des-Iles, Quebec, 110 kilometers (km) northeast of Ottawa and 180 km northwest of Montreal. The Okanjande mining is located in Namibia, one of Africa's finest mining jurisdictions. It holds a 100% interest in the Bissett Creek Project, which is located around 15 km from the Trans-Canada Highway between the towns of Deep River and Mattawa, Ontario.

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Northern Graphite Corp > PP at 75 cents is disappointing

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Comment by tiger2201on Jan 18, 2022 8:38am

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Post# 34327593

RE:PP at 75 cents is disappointing

I believe the PP is reasonable, NGC's SP was 83 cents, the news Issue is at 75 cents, typically 10% discount, JMO.

tiger

Ogopogo007 wrote: True that a few months back SP was in the 30's but NGC was in Ph 1 - Exploration then
A few months later, Northern jumped thru Ph 2 - Development into Ph 3 - Production - revenue and profits
They are buying assets for 10 cents on the dollar and the customer base..why a PP discount to SP?
Killer deal negotiated by Greg to buy the assets...does Sprott have pictures of farm animals to get a discount like this? Plus they are getting a stream as well

Lets get the deal closed, PPWK to Regulators and halt lifted...see what Mr Market thinks of the deal

JMHO