NMG own their mine (Matawinie) that will feed the planned anode refinery (Bécancou). The mine has lots going for it: deposit is near surface, low strip ratio, access to hydro power, stable jurisdiction, skilled workforce. Sounds similar? But it's far from high grade at 4%. Are they looking to add further deposits? I might not be 100% up to date on their plans.
Canadian standards for reporting are different to the asx so you get a whole lot of different info in feasibility studies that is worth the read if you have time for it: https://nmg.com/wp-content/uploads/2021/01/BFS.pdf
TLG Price at posting:
$1.08 Sentiment: Buy Disclosure: Held
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