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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 irishwolfhound1on Dec 01, 2020 11:30am
493 Views
Post# 32009525

Lithium America just raised money

Lithium America just raised moneyLac raised money at 14-15 dollars a share.What does this mean.Well if invested 100 million dollars i would want to see at least a double and more like a quadroupling of my money in 3 years.So Lac share price will be more like 50-60 dollars pershare in three years.

Now NOU has just brought a M/A lawyer onboard and a world class accountant.They did not arrive to party they are here to grow the company by any which way.Also to raise hundreds of millions of dollars.The banks are starting to lend money to the green sector at cheap interest rates.I believe there will be little dilution and great deals done shortly.

I think you undervalued this company greatly.I,ll stick with 20-21 dollars a share in mid term long term 30-35 dollars depending how many deals are done to grow the company even more.
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