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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 LoudMimeon Apr 13, 2021 2:55pm
284 Views
Post# 32986541

RE:RE:RE:Is NOU slowly dying !

RE:RE:RE:Is NOU slowly dying !Diversification across strong conviction companies is key... dont stress during downturns. its a buyin op. This will be up in 4 weeks when it gets listed on the nyse. They chose to do a 10:1 split because a lot of people would sell, as we're seeing now. 

They knew they needed to give it room so that it would still be compliant for nyse exchange when weak hands run. the lower price is good also, when it lists if it is low cost but high value/probability. Institutional investors will be more likely to take a chance on us. higher price would cut their risk to reward ratio and price them out. 

Getting that institutional investment is the goal .... create more stability. This is what i gather from their moves, i have no idea obviously. just using logic.
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