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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 1studenton May 08, 2023 4:42pm
210 Views
Post# 35437216

RE:NOU..really deceiving

RE:NOU..really deceivingLook at the bright side, if you can.
The NOU share price is being pushed downward primarily due to the discounted, US$4.55 per share, bought deal equity offering which recently closed.
The underwriters were provided a discount from the then share price and now everyone and their cousins are being provided a discount as well.

To your point about what happened to and with Nemaska Lithium's assets, I would suggest it's possible that  this company's equity control may have to change hands before the first day's worth of actually mined graphite feedstock production is had.

Alas, lower NOU share price highs achieved thus far and lower lows for the share price during this six months period; that's definitely nothing to celebrate as a accomplishment achieved by or on behalf of NMG management. These guys have really defecated the bed this time around
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