Northern Graphite Corp V.NGC

Lifted from elsewhere

[GripnRip]

Northern has a mine that has been producing for decades, two more mines that can come onstream once predicted demand picks up, a state of the art R&D lab in Germany, is a serious player in the evolving EV market, and has the top management team in the business

[youknowwhat]

Sounds wonderful. This is a 24 million dollar company that on September30 2023 had quick ration of approximately  .55 to 1 not enough to cover their current liabilities. But hey to listen to their CEO talk no problem we are building the largest anode plant in the world subject to financing of course. I wonder if the sharks are circling the wagons and will attempt to buy the whole company