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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.


TSXV:NGC - Post by User

Post by Harley103on Feb 23, 2023 8:55pm
245 Views
Post# 35302430

Reverse takeover

Reverse takeover1student,

I initially invested in NGC due to the joint venture with Graphex and the proposed processing facility, Namibia was just the icing on the cake. If I where to take a equity position today I wouldn't. The financing required to take a controlling interest in NeoGraph is mind boggling. I have been impressed with management until the put out there latest NR which was extremely vague. This type of cr@@p I learned to expect from FMS management of past certainly not here.

You have mentioned twice regarding a reverse takeover, now would you not expect those parties involved to pay a premium of sort.
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