Post by
Mookster3 on Dec 01, 2020 1:05pm
NOU takes out Mason graphite
So why wouldn't NOU just take out Mason Graphite? One would think that any company wishing to be the premier full-cycle battery materials provider in the Province of Quebec, would want to have access to Mason’s Lac Gueret project. It’s fully licensed, with impact/benefits agreements already in place with the local indigenous groups and some of the major equipment, including the grinding mills, have already been delivered to the site. It could likely be put into production at least a year faster than the Matawinie project, and capital costs will undoubtedly be lower, considering Lac Gueret’s much higher graphite grade (28 vs 4.3% C). Mason’s market cap is only about ¼ that of NOU, so should be a relatively easy fish to swallow. Mason shareholders might even be persuaded to accept an all share deal, that would then allow them to participate in the profits of the merged company. Mason’s $25 mm cash would also come in very handy for NOU right about now.
The Mookster
Comment by
michelville9 on Dec 01, 2020 1:17pm
Gemcore anciennement berkwood a du graphite comme Mason mais en surface et moins cher a exploiter. Srait encore moins couteux a acheter que Mason