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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

Comment by Fox2019on Feb 17, 2021 5:14am
119 Views
Post# 32582051

RE:RE:NOU vs LLG

RE:RE:NOU vs LLG

DAgentQC wrote: Well, NOU is moving forward building the mine dowtown and the transformation faclity next to the St-Laurence. This project is very solid to me, hence the Market Cap.

I mean good luck for LLG anyway,  maybe it will supply the Becancour transformation facility as well. In the long term strategic plan, NOU is expecting to get into the transformation market from other suppliers.  They bought a Site at Becancour that can be easily upscaled and accomodate that.

 

This is the reason why I sold my mason graphite shares with profits. Their agreement with the First Nations who actually owns the deposit land on a legal side (which is the main difference with the atikmatek who claims an ancestral land) force them to have their value added transformation anode material build on their land for local economical reasons Precisely in the middle of nowhere far away with no infrastructures for chemical products. That is super risky and that is why Our dear Eric CEO of NOU made a deal with Olin and is building the anode factory next door which now they have the burden to properly supply and receive then recycle the chemicals agents with their own infrastructure adready on site. WHAT A GREAT MOVE to de risking the operation! 

 

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