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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 youknowwhaton Dec 18, 2024 7:44am
66 Views
Post# 36367621

NGC MORNING BRIEF

NGC MORNING BRIEFRoyalty financing has put this company between a rock and hard place.

Also having the CEO and CFO spread across the world with their high compensation when neither had any experience running a public company.

Cam Birge is very proud of the fact that all the financing was non dilutive along with the CEO. This company is pi$$$$ poorly run.

Congradulations Cam Birge for being part of arranging royalty non dilutive financing. I am not sure what to say about the fact that the royalty financing has led to essentially destroying the share price and driving the company into technically being bankrupt.

I guess you should really resign as a director of NGC because you bring nothing to the table with your left wing policies and the fact that you know sweet FA about running a company.

MR BIRGE WAITING AND HOPEING FOR GOVERNMENT FUNDING AND GRANTS TO SUCEED IS NOT A GOOD STRATEGY FOR A BUSINESS PLAN. 

DO THE RIGHT THING RESIGN. 


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