NGC MORNING BRIEFYear to date performance of graphite companies.
NGC -45%, SYR -43.5%, NEXT -31.5%, NOU -24%, GPH -21%
and the best performer WWR -18.5%
Interesting to see the companies that operate a producing mine are the worst performers which to me shows that the price of graphite must go up along with demand.
NOT A GOOD TIME FOR GRAPHITE THUS MY CONCLUSION MANAGEMENT SHARES A LARGE PART OF THE DECLINE WITH THEIR OVERSPENDING BUT I WOULD SAY 50% OF THE DECLINE IS THE MARKET FOR GRAPHITE.
It will change in time. Question is can the companies such as Northern hang on.