Post by
1student on Mar 13, 2024 2:13pm
Caveat Emptor! There Are Many C-Suite Failures At Work Here
Caveat Emptor!
For Northern Graphite Corporation it can be said that "No Money Is No Funny Mister", LOL!
You need to get off your assets Hugues Jacquemin et al and actually do something which unmistakably results in NGC.V share price appreciation.
Ah! You are simply not willing or would be clearly incapable of doing so Mr. Hugues Jacquemin et al.
Understand that "Mr. Market" simply doesn't know or knows of and yet simply does not care that NGC.V exists Hugues Jacquemin et al.
You need to place a for sale sign, a "Fire sale" sign at that, on some or all of the assets of "the company".
It's time to pack it in Hugues Jacquemin et al.
Northern Graphite Corporation obviously just does't have any "sexy assets" which serious companies would want to purchase nor finance into full scale production.
Contrary to what Hugues Jacquemin would choose to tell you, in my opinion
those Namibia assets are too far from being brought back online, primarily becuase nobody nor nobody's uncles would have anything to do with NGC, a company which is being "leveraged" by and on behalf of Imery SA stakeholders (a.k.a. "the lieges") in order to in some way try to derive any amount of additional profits from the very assets Imerys SA previously wrote down and likely booked a health tax liabilities defraying loss on before having sold said assets, amongst others, to NGC.
Alas, there is plenty of time to watch NGC, under this particular management team, be drowned and killed off, with what remains being privately shifted, shuffled and dealt away as part of a CCAA proceding.
Before that happens though, I suspect a massive share consolidation and another nearer to entirely NGC "minority equities investor values dilutive purchasing of another corporation's assets (more "white elephants" type assets perhaps) could very well be the next shoe to drop, so to speak.
All this coming to any "NGC Theater" near you folks.