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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

Post by Gorilladome47on Jun 25, 2024 5:29pm
84 Views
Post# 36105903

I would enjoy nothing more than to....

I would enjoy nothing more than to....

write a congratulatory post for Hugues, praising him for closing significant governamnet and/or OEM financing etc...shareholders have been waiting for more than two years and absoultely NOTHING of value has been delivered by our CEO.

Today, news RE Graphite One,

"On May 17, 2024, Graphite One entered into a revised cost-share agreement with the Department of Defense (DoD) to adjust the DoD’s share of expenditures related to the accelerated FS from 50 to 75 per cent based on a revised contract value of $49.8 million. The DoD’s maximum share of the accelerated FS program is now $37.3 million."

Clearly, the US govt HAS money and is dishing it out to companies and projects....WHAT IS THE ISSUE HUGUES?

Where is our money?  Where is our support?  Where are our partners? Why haven't you delivered anything?  We are losing money and paying millions in salaries....where is the execution Hugues? 

Lomiko nothing has been supported by both Can and US governments through $$$$$...they are nowhere in sight of reasonably being able to deliver anything re the US and/or Canada's needs for anode going forward....yet, they were funded by US govt. 

"Let's make it happen"....your favorite quote....how about as Frenchie previously pointed out, YOU MAKE IT HAPPEN...you and your fat salary and compensation, you make it happen...

...and I will then write a congratulatory post thanking you for doing your job and delivering;  it's only been two plus years. 

Enough is enough. 



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