RE:RE:RE:RE:RE:RE:RE:Lets all remember to not get too lost in the weeds....Goriladome47,
As pertaining to Northern Graphite Corporation and said company's current financial predicament - "Sprott" holding the creditor in control note over the business affairs of NGC and this company management not having two extra nickels to rub together, so to speak, - how does said predicament expressly limit the ways in which NGC would be allowed by "Sprott" to go about raising the required capital with which to seek to maintain NGC as a viable stand alone business enterprise?
You mentioned Nouveau Monde Graphite.
You stated "NOU here in Canada...they don't even have their environmental permits for their main deposit yet...they had to go out and buy a low level, poor quality deposit re Mason graphite...that was sad...still waiting for the PEA on Mason's deposit...it will blow, you wait and see..."
There is nothing specifically in terms of environmental permits which is impeding NMG's forward progress. The Matawinie graphite mine project and NMG's comprehensive Phase Two build being commenced in earnest is contingent on "a positive updated feasibility study with respect to all aspects of NMG's Phase Two strategic business development investments initiatives.
If, and it's admittedly now a big IF, the unpdated comprehensive Phase Two feasibility study is deemed by NMG management and representatives of Panasonic, GM, Pallinghurst Group, Investment Quebec, The Canada Growth Fund, etc., to be sufficiently "positive", there would be a beacoup flows of investment capital being directed towards NMG and ultimately making it's way in support of Nouveau Monde Graphite's balance sheet. A GO FID would then be publicly disseminated by and on behalf of Nouveau Monde Graphite; and possibly in conjunction with a company announcement regarding capital borrowing capacity provided to NMG by Investment Quebec, via a Government of Quebec and Government of Canada guaranteed credit facility in an amount at least equivalent to the NMG Phase Two expenditures qualifying Federal Canadian Government investment tax credits. That would certainly get the ball rolling and would likely result in a most positive re-evaluation by equities analysts of NMG share price projections
By the way, Eric Desaulniers, NMG's founder and CEO, certainly knows the formerly Imerys SA owned Lac Des Illes properties quite well and Eric Desaulniers opted instead for the Matawinie graphite project lands.
What does that tell you?
From under CAD$1.00 to upward of CAD$27.00; grated there were a couple of reverse splits just prior to the commencement of such a rocket like climb in the NOU.V share price.
Never the less, that's what the Nouveau Monde Graphite had previously been made to achieve.
What has the NGC.V share price achieved since Hugues Jacquemin et al came on board?
Failure after failure and then some more failure for good measure. That is what Hugues Jacquemin, Guilluame Jacq (former CFO), that perpetual failure Gregorry Bowes, Cam Birge et al are known for here at Northern Graphite Corporation.
You went on to state "NGC doesn't need that much money to break ground on multiple locations...maybe 200 ish million in total capex wise for Bissett Creek, Namibia, and LDI 2.0...that money is peanuts in the grand scheme of things. A drop in the bucket...I suggest that after we get that tariff number and as the market and key US personnel begin to digest the severity of their conundrum...look out."
NGC management has to make it past tomorrow; and Eric Sprott, "Sprott", will likely not be waiting much longer before said a NGC creditor - the only NGC creditor that matters - takes out the contractual obligations conveying documents spelling out precisely what NGC owes "Sprott" in a timely fashion and indicating how "Sprott" can, especially at this juncture, employ a sort of shotgun maneuver, i.e. a creditor in control and perhaps ultimately "a creditor in possession" resulting maneuver.
Furthermore, Syrah Resources Ltd may appear to be, as you suggest, "dead in the water"; and yet, I know that AustralianSuper, an Australia based penion fund investments administrator and a fiscally immensely capable party currently highly interested in supporting the business affairs of Syrah Resources Ltd., is always keeping it's options on the table.
I have to agree with you with respect to a tie-up amongst Syrah Resources Ltd and a company which Eric Sprott, "Sprott", presently holds that most senior secured and first lien creditor note over - like The Sword of Damocles perilously hanging from a single silk thread directly above the head and neck of a captive and firmly tied down and sedated Northern Graphite Resources.
The problem is that such a tie-up benefits Eric Sprott, "Sprott"; not we NGC.V "minority" equities investors in particular.
As I said, I expect Eric Sprott, "Sprott", is certainly willing to deal with AustralianSuper representatives; and yet, before he does that, one could expect Eric Sprott, "Sprott", would have to pull the plug here, so to speak.