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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

Comment by 1studenton Mar 15, 2023 4:01pm
110 Views
Post# 35340891

RE:Lot of moving parts here

RE:Lot of moving parts hereYou, Ogopogo007 stated . . . "Guess what...things change, sometimes quickly when you find out the leased land your Namibia mill sits on only has supplied power and water for 1 facility....and the owner wants to build there also. Was that info that was known a year ago?"

Mr. Jacquemin made no mention of such circumstances nor, I suspect, had the company (See Gregory Bowes et al., ever allow it's shareholders to know such information.
Did Imerys Graphite and Carbon executives know such information is the question; if so, was there a failure of appropriate due diligence performed by or on behalf of NGC prior to the assts in question having been purchased, as included in a more than $50 Million purchase agreement amongst NGC and Imerys?

I too suspected that Mr. Hugues Jacquemin can have all the doors opened to him witthin the graphite world Ogopogo007.
The problem with being on a first name basis with the various CEOs behind what would be closed doors to others, would be that such CEOs already know that what Mr. Jacquemin has to offer in enticing their involvement is, amongst other things, a apportioned and immensely material amount of NGC "minority" shareholders existing and made to be steadily dwindling equity value.

Mr. Jacquemin & Co would like to slice the pie in a manner which would have we NGC "minority" shareholders experiencing our piece of the pie being reduced by a massive and material amount Ogopogo007.

It's time that both the Bissett Creek properties and the Mousseau West properties be expedited toward being placed into graphite feedstock production. That requires a mining capital finance and investment partner and a global automotive manufacturer and capital investing partner as well.
Clearly, the only way we would incur much much less dilution in raising all the massive amounts of capital immediately required, is to have such capital investments mining and offtake agreement investing Automotive manufacturing industry partners introduce themselves to the equation here with NGC.
Obviously Graphex Technologies U.S. LLC is not the kind and quality of companies which I expected would be bringing the requisite kinds of capital investments support needed by NGC.
I previously spoke of Mr. Jacquemin have a couple of tigers by the tail, so to speak.
Clearly, it's going to take at least two of such kinds and quality of companies to introduce themselves to the mix here with NGC.


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