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

Nouveau Monde Graphite Inc

<< Previous

Bullboard Posts

Next >>

Post by StockscoutXon Jan 31, 2024 4:20pm

157 Views

Post# 35855764

Stock price keeps sinking?

What gives? It was supposed to be a good deal for both unless there's more than meets the eyes with the market. The market hasn't responded well to deal so far. NOU's shareholders don't seem enthusiastic with the deal either. Should NOU SP keep sinking it would not look for Mason if they depended on it to keep the lights open going forward. IMO.

<< Previous

Bullboard Posts

Next >>

Cannara reports record growth and profitability in Q4 2023