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Bullboard - Stock Discussion Forum 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,... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > Chance of private placement
View:
Post by youknowwhat on Oct 22, 2024 2:58pm

Chance of private placement

They whoever they is sure does not want this to go below 10 cents.

I wonder if they are going to try to raise a couple of million which would be at 8 cents with a 20% discount to a 10 cent closing price.

.Two million at 8 cents 25 million new shares about 19% dilution.

Oh yeah plus warrants. If it was one or two investors it would be a full warrant at 12 cents for 5 years otherwise go find someone else to do it.

Two million buckaroos is not going to help much.
Comment by 1student on Oct 22, 2024 3:42pm
youknowwhat, It obvious you've agreed with what I have been suggesting is afoot, especially now that Guilluame Jacq was told to vacate his CFO position. An equity offering discounted 20% to the prevailing NGC.V closing share price the day such an equity offering is announced. That allows for any willing underwriter to arrange for employed minions to beforehand ("front-running") set ...more  
Comment by youknowwhat on Oct 22, 2024 11:18pm
I wouldn't put it beneath Hugues Jacquemin et al for Hugues Jacquemin et al to seek to employ "privately" "fronting" "intermediaries" in order to take full advantage of such an arranged for "sweethart deal"; doing so, as usual, at the expense of we long downtrodden and equity investment values annihilated NGC.V "minority" equities investors.  ...more  
Comment by 1student on Oct 23, 2024 1:28am
youknowwhat, You have to recall, and so too does everybody who has been fiscally injured by the actions and specific lack thereof attributable to Hugues Jacquemin et al, how Hugues Jacquemin himself said he emloyed privately operating Edgewater Capital Partners to "front" the purchase of NeoGraf Solutions LLC - obviously on behalf of and for Hugues Jacquemin and his privately employed ...more