Nouveau Monde Graphite Inc V.NOU

Insider Selling

[kidderpeabody]

During the six-month period ended June 30, 2024, the Company reported a net loss after tax of $43.3 million, cash outflows from operating activities of $23.5 million and an accumulated deficit of $263.9 million and has yet to generate positive cash flows or earnings. Based on all available information about the future, which includes at least, but not limited to, the next twelve months, management believes that without additional funding, the Company does not have sufficient liquidity to pursue its planned expenditures.

[Eizenberg]

"... Based on all available information about the future, which includes at least, but not limited to, the next twelve months, management believes that without additional funding, the Company does not have sufficient liquidity to pursue its planned expenditures." So, no factory build ? I would not be surprised. GLTA

[1student]

Eizenberg, Should the Government of Canada funded grants and directed capital investments by the Canada Growth Fund, Canada's Strategic Innovation Fund, CPP Investments, etc., perhaps investments in the form of long term loans, credit facilities, convertible debentures direct investment and so on, not first be locked down in supporting the announcing of a go final investment decision and the