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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

Post by CGC12345678on Nov 26, 2020 11:54pm
794 Views
Post# 31986882

If Pallinghurst made a $ 0.22 funding

If Pallinghurst made a $ 0.22 funding

If Pallinghurst made a $ 0.22 funding, how much will the next funding be? Nouveau Monde is currently seeking funding.

 

They average the price obtained in the weeks before the fiancing, so if the average is $ 0.50 the funding will always be lower to protect the creditor. The result of the next funding will be around +/- $ 0.30

 

The probability that the price will drop to $ 0.30 after financing is very likely. Small investors have always been in the business of financing.

 

A company listed on the stock exchange is simple it is to get money. So you just have to be careful when a business has no income you have to avoid the pitfalls.

 


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