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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 12, 2024 11:55am
50 Views
Post# 35928553

RE:PDAC 2023, Hugues told me...75 mW of power req'd

RE:PDAC 2023, Hugues told me...75 mW of power req'dNGC isn't trying to build sweet flock of seagulls all in Baie Comeau, Quebec.
It's a mere pipedream.
What's more, NGC officers and directors won't be able to raise to $1.4 Billion needed to undertake all of what has been suggested by Hugues Jacquemin.

Why doesn't "the company" simply announce that the process in seeking strategic alternatives includes an outright sale of the company and project a sale price equivalent to $0.50 pr share.
This company's representatives couldn't even sell this entire kit and caboodle for what they paid for it, due to the undisclosed amounts of obligations now owed to Heraeus Group and all the obligations owed to "Sprott", etc.

It's no wonder the shate price today is $0.17.
Perhaps now the NGC.V share price would soon be heading straight for that 50% discout to book value per share, $0.09?
After all, it's doubtful that NGC representatives can go about raising the capital required to pursue anything at all, especially at current share price points.
Perhaps a discounted equity offering of 50% to book value per share would become necessary soon enough.



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