RE:Demand still short of production...from year end NRIndeed Ogopogo007. NGC Management has been very busy creating a "operating loss of $4.7 million, which includes general and administrative expenses of $4.9 million" Ogopogo007. Income from mine operations of $3.1 million; that's 1.8 Million more than income from mining operations.
Alas, the only "duckies" being aligned thus far would be you and I, along with all other NGC "minority" shareholders Ogopogo007
Also, given the new NGC executive hires recently, I'd suggest a heck of a lot more is going to be spent on sallaries, options awards and all other forms of executive compensation expenditures going forward - see the tax deduction perhaps afforded to insiders by way of the flow-through charity equity financing.
By the way, within the company press release announcing the closing of that financing initiative, NGC management did not announce whether insiders took up part of or all of that flow-through charity equity financing. I haven't checked the insider filings yet. Did Mr. Hughes Jacquemin, CEO, Mr. Guillaume Jacq, CFO, and/or any other NGC insider take up part or the entirety of that bought-deal charity equity financing?
For their sake and the sake of "the company", they better not have.
Certain insiders specifically need to buy NGC shares priced at $0.75 and as part of "a standard" equity financing, just as "the company" clearly suggested they would when specifically asking for the company loans to such insiders be approved by NGC shareholders. Finally, a supersite graphite feedstock processing and 200,000 tpa "BAM" manufacturing centre facility is realistically not happening before 2026/2027, if at all. NCG officers and directors have actual serious work to do in ensuring that such a mere proposal actually comes to be - instead of such a proposal being representtaive of just some more flapping of the gums on the part of Mr. Jacquemin &Co.