Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Dec 16, 2024 9:24pm
47 Views
Post# 36365402

RE:RE:Tariffs long but worth the read

RE:RE:Tariffs long but worth the readAnywho. If anybody invested in NGC hasn't already discovered it, they would now know that any group of so called officers and directors can elect to purchase a previously producing graphite mine - having blown the company's fiscal brain out in indebting this company whilst doing so - and then proceeded to gain nothing other than quarter over quarter and years over years losses from having intermittently operated such Lac des Illes assets.
Understand that even if the price of natural flake graphite quadruppled tomorrow, NGC would not be any closer to generating a bottom line per share profit, especially before the full and final depletion of the LDI historical graphite reserve is realized.
Also understand that within the first 100 days of The Donald's final term as U.S. President, NGC is not miraculously going to be generating a per share profit from operating a depleted graphite mine and there is a decent chance that the LDI historical graphite reserve would be entirely depleted, i.e. should it already not have been prior to the closure of the LDI processing facility for so called maintenance work required, during 2025.
How do I know this you ask?

It's simple really.
NGC owes every amount of graphite materials mined and processed to the company's primary creditor, "Sprott"; this in addition to owing "Sprott" and other creditors already very late payments relating to interest owed on the monies borrowed in order for NGC to have gone about purchasing and/or exploiting a set of assets previously owned by Imerys SA. You'll recal that these are assets which have been discovered as being as useless as mammaries on a bull, especially in terms of ever leading to the generation of bottom line per share profits that NGC.V equities investors could in any way expect the NGC.V share price and consequentially our respective equity investment value to benefit from.

What's more, you should understand that "Sprott", that outfit that Greggory Bowes so called "consults", Heraeus Group, etc; they are all creditors of the corporation and there is simply not enough of a historical graphite reserve remaining to be mined, processed delivered to creditors in lieu of monies owed and/or sold to customers in order for this company to cover all operating expenses and all expenses resulting from employment associated equities awards/issuances and employees salaries, etc.
I haven't even gotten to the costs associated wiith the necessary expenditures required should NGC officers and directors want the company to remain in any way a viable business enterprise going forward, e.g. all the drilling programs costs and cost relating to gathering the drill cores assays data required to prove up the graphite find claimed by Hugues Jacquemin et al as being located within and below the existing Lac des Illes graphite pit.
Then there is the element of time, i.e. a defined interval during which NGC officers and directors would first have to actually prepare NGC to be able to survive and to actually go about capitalizing upon and exploiting the so called opportunities which current management has obviously merely provided lip service to over the years. "Time" is running out, i.e. an interval is elapsing

That being said, lets move on to how the prospect of Donald J. Trump administration implemented U.S. Government policy directives, as pertains to immense U.S. Government directed funding promoting and supporting necessarily ramped up critical elements bearing lands development and mining and battery components material process manufacturing, would ever actually help Northern Graphite, i.e. unless and until a newly discovered and necessarily certified as a graphite "reserve" is actually "proven up".
More importantly, we must ask ourselves,as would the immensely more informed representatives of any would be interested partners/capital investors and offtake purchase agreement awarding customers, precisely how long that prerquisite designation of a new and suffciently "proven up" graphite "reserve" could take to successfully be attained by and on behalf of Northern Graphite Corporation?
Without that claimed to be identified graphite find, as suggested by management as being located within and below the existing LDI graphite pit, being necessarily proven up to the point when it can in fact be called a graphite reserve, this company would not be anymore favored by the various participants of greater equities investments community than it is today.
Judging by the current desperate to remain more buoyant NGC.V share price, 
the various participants of greater equities investments community simply don't consider NGC.V to be sexy enough, as compared to a list of other more sexy companies in the North American and global graphite space.

<< Previous
Bullboard Posts
Next >>