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Nouveau Monde Graphite Inc V.NOU

Alternate Symbol(s):  NMG

Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. It is focused on developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada. The Company’s projects include Phase-2 Matawinie Mine, Becancour Battery Material Plant projects and Lac Gueret property. The Company owns a 100% interest in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 kilometers (km) north of Montreal, Quebec. The project produces approximately 103,328 tons per annum (tpa) of high-purity flake graphite concentrate. Its Battery Materials Plant projects is located in an industrial park and near a shipping port in Becancour, Quebec, approximately 150 km northeast of Montreal, on the Saint Lawrence River. The Company owns the 100% of the rights to the Lac Gueret property, which consists of 74 map-designated claims totaling 3,999.52 hectares.


TSXV:NOU - Post by User

Bullboard Posts
Comment by NiN777on Dec 06, 2018 10:01am
55 Views
Post# 29075031

RE:RE:RE:RE:would be good to up -list to tsx .t

RE:RE:RE:RE:would be good to up -list to tsx .t Don't try to time the market, it's largely driven by algo's I made that mistake once when I've sold Ivanhoe mining at 90 cents, when I clearly knew it had the potential to hit 3-4$(with resources increase). Listen to your gut and forget about the noise. NOU and NMX have massive institutional support from the government and financial institution. With great project economics with margin of safety the financing always come, financial institution are all about risk management and when they look at the NPV, IRR and pay-back period they finance it. Electricity in Quebec is cheap and that will keep the lid on a large part operation cost(beside labor). As to why NOU is so cheap? I was wondering that same question in 2015 with IVN, and in 2018 I don't have the answer. The risk reward ratio looks very attractive to me.
Bullboard Posts