Post by
MoneyMaker24 on Dec 01, 2020 12:30pm
NMG might acquire Mason graphite
Mason graphite is also in Quebec, huge graphite desposit with high purity.
Would be amazing if NMG would acquire this company so they can produce a lot more.
Ofcourse we have to wait for this, but it is possible in 2023/2024, because of the incoming cash flow
Comment by
BlueMagic on Dec 01, 2020 12:39pm
The purity of Mason is very low ; -150 mesh - 57% of the project @ 91.7% purity. These not market for that ;(
Comment by
SmilingDog on Dec 01, 2020 1:21pm
Agree this seems like a much longer term possibility. Their incremental capital usage needs to go towards downstream vs. adding on resource somewhere else.