RE:RE:Long road aheadHarley103,
During the journey on this long road ahead, are the odds favoring the possibility being that the NGC.V share price would be dropped down to CAD$0.065 once again?
Although there has been relatively very low daily traded shares volume associated with the now second occurance of a near 100% increase of the NGC.V share price from recent 52 week lows (CAD$0.065, we know that somebody is definitely realizing such ROI.
I have reviewed Rain Carbon's product offerings.
Rain produces what are referred to as synthetic petrochemicals derived precursor materials. Heck, even Sinopec was providing Rain Carbon with the sludge, if you will, from which said precursor materials is derived.
Never the less, Rain Carbon definitely has the capability to partake of a severely reduced share price attached NGC.V equity offering.
Let's be clear here. The reign of specifically synthetic CSPG anode component material being predominantly employed in the manufacturing of battery cells is unlikely to be displaced by natural CSPG anode materials.
The blending of synthetic to natural CSPG employed by most anode component materials manufacturers and most of their respective battery cells manufacturer customers is heavly tilted in favor of synthetic CSPG anode material. That is not changing anytime soon.
Northern Graphite Corporation has to first survive.
This JDA is just another bridge to nowhere that more of NGC's equity ownership and the companies remaining ownership of assets would be thrown at.
It's just what Hugues Jacquemin et al do.
When "Sprott" is done milking this company dry, "Sprott" representatives would toss it and Hugues Jacquemin et al aside like a used prophylactic