I am talking about LDI 2.0, not the soon to be depleted historical pit.
The company has clearly articulated to the market that they have successfully extended the life of mine by another 8 yrs...with only minimal drilling. That number could be extended further with additional drilling etc...
LDI 2.0, 8 more years on the book...deal with it, move on.
RE NGC being a 'one stop shop' in terms of SCPG...I'm not even talking about Spherical/Anode graphite in the near term. I never made reference to that because I don't think they should be looking at that much of a capex right out of the gate. Why? Because they don't have to.
Raw, natural flake from LDI 2.0, Bissett, and Namibia would go a long way in the near term...especially within the backdrop of a potential graphite bull market due to Chinese supply restrictions, or an outright ban.
We have a lot of high quality natural flake period, in the ground...partners with some cash can bring that to market very easily and within a relatively short turn around time.
If someone with deep pockets wants to throw 500 million at us and start construction on an anode plant, great...but if not, also great.
OEM's are using a synthetic/natural blend as a balance between efficiency and cost...most likely leaning towards more of the synthetic than natural....why not start out the gates supplying one more of these large multi billion dollar companies with the 'natural' side of the mix, saving both on time and massive capex?
We can rock higher within a relatively short amount of time simply focusing on the low capex, low hanging fruit that we are so fortunate enough to be able to deliver on.
In terms of 'value added'...our recent JV with Rain Carbon, in combination with our own Porocarb asset, opens other doors to more tech focused 'caoting' value added revenues etc.
You say there are "so many more worthy and profitably operated business...bla bla...in US and Canada...bla bla...better candidates bla bla"
PLEASE ENLIGHTEN ALL OF US WITH A LIST OF THOSE COMPANIES and how they would be able to address the graphite dilemma the US is about to potentially face.
I would love for you to show all us minions these other companies that are better suited to supply the US and others a safe and reliable supply of graphite period.
You describe the recent market activity and buying in NGC as a 'pump and dump?' Are you serious? I think you need to read more and type less. You are not paying attention to the evolving geo political narrative.
You are the guy haggling with the used auto guy at the dealership...you've been there for three hours, standing in front of a junker listed at $800, berating the salesman, itemizing and mumbling about all the deficiencies of that old rusted out car, when the salesman, finally turns to you and says, " Sir, it sounds like what you should be looking at is a brand new 2025 model, with a list price of $65,000....and not $800."
Great day today...the market is starting to connect the dots.
Just waiting for that Trump tariff tweet...maybe this weekend?