RE:RE:RE:RE:RE:RE:RE:RE:RE:$44.8 M, "ConcreteneTM", 9,868 tpa Manufacturing Capacity?There is simply not much substance in your macro story. I believe it when I see it. The critical mining revolution is nothing new, the necessity to build up a support structure in North America has been known for years and not much has happened. I am sure you have seen this article which explains to a certain degree what has happened to the sector in Canada.
https://www.theglobeandmail.com/business/article-critical-minerals-mining-companies-canadian-investors-capital/
The reality is that NOU is now trading at a market cap of $280mn, LLG at close to $40mn and I am not even stating the market cap of the remaining graphite hopefuls in Canada. The market doesn't believe in it, that is what these share prices tell us. Again, if a major mining operator had had any interest in these world class graphite mining resources, they could have scooped them up for a penny in the past and can still do that now. The reality is it's not happening. You have to ask yourself as an investor why? What did BHP do? They invested in a potash facility, not graphite.
I am not saying that none of this may happen, but as an investor, being too early, is being wrong and we have to deal with probabilities and right now, when it comes to graphite in Canada, I am taking a pass.
SWAN is not about graphite, they are simply using it as an input factor and whether they source it from Canada, Madagascar or China doesn't matter so much. It's not about an investment into a mining operation that takes years to realize and requires hundreds of millions in investment with an uncertain outcome as to economics. It's about believing in the potential of graphene, the capability of Management executing their outlined strategy, doing better than GRA, which is still struggling to generate positive cash flow after years of heavy investments. I am putting my money behind the SWAN Management, as I see a credible strategy, tangible progress, but as an investment have been too early too and wrong so far.
I just don't like your style of arguments, it's mostly conjecture, pipedreams of the big picture, macro trends, all sorts of wild speculative M&A ideas, while the market in form of share price performance of the underlying stocks tells you a different story. Do you actually talk to the company representatives at LLG, SWAN, NOU directly or anybody else to substantiate your investment case?