Bullboard - Stock Discussion Forum 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... see more

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TSXV:NOU - Post Discussion

Nouveau Monde Graphite Inc > Diamond & Specialty Minerals Summary for March 27, 2023

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Post by dalesio_98 on Mar 28, 2023 6:39pm

Diamond & Specialty Minerals Summary for March 27, 2023

2023-03-27 20:27 ET - Market Summary

by Will Purcell

https://www.stockwatch.com/News/Item?bid=Z-C:*MKTDIAM-3383038&symbol=*MKTDIAM&region=C

Eric Desaulniers and Arne Frandsen's Nouveau Monde Graphite Inc. (NOU) lost three cents to $6.18 on 37,000 shares. The company is plodding along at its Matawinie "turnkey natural graphite operation" in Quebec, which includes the Matawinie deposit north of Montreal and a proposed plant in Becancour. It all sounds promising, but before Mr. Frandsen, chairman, or Mr. Desaulniers, president and CEO, get to turn that key, they need to build the $1.4-billion project around the lock -- and at this point the company has less than $60-million in working capital.

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