Northern Graphite Corp V.NGC

Clearly the "new" NGC is priced less....

[Ogopogo007]

....than the "old" NGC
the new NGC - owns 2 operating mines, revenue and profits, has a customer base and is a sweet spot as Company to become the only North American and third largest1 non-Chinese graphite producer
Why is that important?

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In other words, this policy will greatly support domestic carmakers.

Old NGC - exploration co with graphite and nickel projects

So the sweet deal Greg put together is worth less to shareholders when it closes than NGC shares were before it was announced? Pricing of PP shares would seem to confirm that. Let's see what Mr Market thinks once the halt is lifted. Was Sprott AM right or did Sprott AM get a deal?

JMHO

[stokpiker]

Sprott got a deal, thats how the old boyz club in the mining sector works. Sprott puts together a good financing package but needs to leave meat on the bones for their buyers. A strong mgmt team negotiates a better package but its almost always at a discount to recent market. Im OK with the price but I hate the warrants, they didnt need those given the the dramatic positive changes the financing

[scissors14]

The cash from exercised warrants combined with cashflow from production could mean that no further equity needs to be raised to build Bisett Creek. This likely was a reason for the half warrant.  As pointed out earlier the shares were on quite a run prior to the financing and nobody would have predicted NGC would have been raising money @ .75 six months ago when it was trading around .45

[stokpiker]

I'm not sure your right about the big accredited investors not flipping shares and keeping the warrants. In my opinion that's exactly who are now doing that. The small retail don't usually participate in the PPs and they don't have enough shares to make much difference. More and more financing is coming from fewer and fewer funds and/or large sohpiticated investors and they've

[scissors14]

In the North American critical minerals sourcing deal announced early last year by Trudeau and Biden any Canadian mining production of minerals on the list is considered 'domestic production' in the United States.  This is significant for NGC given it is the only North American producer for the next couple of years at least and will likely be expanding production to meet demand of its