Post by
1student on Dec 04, 2024 1:13pm
The Doldald's Trade Policies Are Destructive For NGC
Frenchie18473,
The only producer in north America you say?
That is not how the risk managers at the OEM's view it to be the case.
Such professionals know that the company's historical Lac des Illes graphite reserve is now the nearest it's ever been to being depleted or perhaps actually entirely mined out already.
NGC is in arrears with respect to needing to pay it's primary creditor "Sprott" and also that other creditor, the company which is likely fronting for Greggory Bowes and which Greggory Bowes supposedly "consults".
NGC.
The company hasn't even performed that $1.8 Million in drilling which is required under the terms of the previously undertaken Flow-Through "carity" financing and has not bothered to try to necessarily prove up the mere preliminary mineralization estimate, so as to fully and finally have the supposed find claimed to be existing within (below) the existing LDI pit declared a graphite reserve.
You actually believe the risk managers at the OEMs you speak of are in any way seriously considering NGC for any long term stable supply of graphite feestock material and/or SCPG anode or "PorocarbTM" anode coating material?
Give your head a shake buddy. You speak to risk managers and want such risk managers and any prospective NGC equities investors to ignore the facts regarding "RISK" inexctricably attached to placing even a dollar "AT RISK" here with NGC.V.
Understand what is coming for companies like NGC; it's not going to be in any way pleasant.
Both you and Gorrilladome47 have based your false hope on this Trump trade and the trade war resulting tactics which both you and Gorilladome47 are now speaking to as potentially proving somehow beneficial for a company that is in the very precarious and there fore RISK wrought state which Northern Graphite Corporation has been placed in by Hugues Jacquemin, Guillaume Jacq, Kristy Liddicoat, Greggory Bowes, Cam Birge, et al.
Look, if Gorilladome47, yourself and others want to brute force prime and pump NGC.V shares upward at least 100% from today's $0.115 share price, go ahead and have at it. I wouldn't object.
I would, however, ask that you base your arguments on sound facts and don't twist to suit your purpose precisely what is likely to happen to the graphite bearing lands development and wannabe graphite mining industry parficipating companies North America wide.
Donald J. Trump, Elon Musk, business risk assessment managers at GM and Ford and/or all other OEMs and all the other "friends and business partners" of The Donald, etc.; they all know that there is an immense amount of profit to be had (e.g. shorting companies into bankruptcy) and long term advantage to be gained (see the dirt cheap purchasing of assets and relating intellectual properties, etc.) when they collectively target and allow a specific sector to experience a carnage creating event, from mines to finished battery materials and the specific intellectual properties, that would specifically be resulting from The Donald's most specific U.S. Trade policy directives.
NOTE: If this company is to last through said carnage creating event, it's going to need to seek the safe harbor which the representatives and stakeholders of a company like Rain Carbon could elect to offer; and we know that transfer of equity control of all the assets of the company would not likely be occurring at current share price points.
You should be aware that Hugues Jacqiemin et al are possibly going to attempt to merge the two companies by way of another NGC purchase transaction, utilizing issuable NGC share capital of course, ultimately resulting in an RTO of Northern Graphite Corporation in it's entirety.
Don't forget that $500 Million base shelf prospectus Frenchie28473.
When I speak to massive and materially impacting dilution type of event here with Northern Graphite Corporation; that's what I am referring to.
By the way, "Sprott" would be just fine with that transaction because Rain Carbon has all the monies necessary to pay off the debt obligations owed by NGC to "Sprott" and also that other creditor, the "fronting" company which is supposedly "consulted" by Greggory Bowes.
You I and every other NGC equities investor would have our respective equity value entirely diluted out of existence as a result of such a move by Hugues Jacquemin et al .
CAVEAT EMPTOR!