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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 ifronton Jan 08, 2021 8:12am
204 Views
Post# 32252186

To my experience Reverse split is bad

To my experience Reverse split is badHello fellow NOU shareholders,

Reverse split are 90% of the time a bad decision for existing shareholders and it is used by companies in trouble. It is very rare that companies see their share price increase from such move. 

In my opinion, there is no need to go National Nasdaq unless they want to raise money from US investors. 

I thought they had figured it all in term of future financing.... (debt / off take agreement, grants/ subsidies grom Qc Governement)

ifront 

P.S. Eric me semble en tourne mdiatique prsentement. MoneyMind postera son entrevue avec lui aujourd'hui je crois. 
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