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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 Apr 01, 2024 3:43pm
61 Views
Post# 35963516

RE:They

RE:Theyyouknowwhat,

You stated "
TheShould just sell the whole thing.

I have been suggesting the same.
However, I don't know that you could call it a sale though; it's likely to be a shifting, shuffling and dealing away of what would amount to being NGC's equity control at share price points which would be planned as being discounted to NGC's book value to share price, perhaps $0.09. Heck, perhaps lower that $0.09.
Northern Graphite Corporation may not last as long as some people here would have others believe.
Immensely tougher times are coming for companies presently nowhere near being downstream actual products manufacturing operations integrating natural flake graphite miners.
NGC doesn't as yet have a sufficiently performance tested, validated, qualified, certified and therefore proven as "commercially viable" "PorocarbTM" porous hard carbon anode and cathode additive coating product - perhaps after another 10 years of so called "development".
In comparison, Nouveau Monde Graphite certainly does; and Panasonic and GM, amongst a soon to be announced other battery materials and battery cells manufacturer, have served to sufficiently de-risk the Nouveau Monde Graphite mines to finsihed battery anode materials enterprise.

In my opinion, Hugues Jacquemin presents as being just one of a group of NGC "Missionaries On Assignment"; nothing more.

Alas, the writing appears to be on the wall for NGC


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