NOU Graphite company to watch for EV car market in North America
NOU has been the first graphite company in North America who was able to achieve over 90% pure graphite flakes from their production. They are going to be key element for EV car batteries with their anode technology to come to the market and they are going to be the first mine in the world use only electric trucks for their mining process. Located in Canada, fairly close to USA border, they will be playing key role for EV car makes in the USA and possibly in Europe as well!
The stock had been in consolidation period, the company did reverse split of shares 1:10 recently and when the production starts in 2022 this will be one of the most capable graphite producers in North America and if they grow big enough probably the most important for western countries in general and the only competitor to Chinese companies who are leading in this industry for now. Well wroth to watch it IMO.
This is not a trade advise , just theoretical debate of what this company could be capable in very short timeframe , and with coming decade of EV industry and sustainability one of my top of the list stocks to watch for long.
Enjoy the sunny days, stay safe and share your opinions.
Cheers,
The stock had been in consolidation period, the company did reverse split of shares 1:10 recently and when the production starts in 2022 this will be one of the most capable graphite producers in North America and if they grow big enough probably the most important for western countries in general and the only competitor to Chinese companies who are leading in this industry for now. Well wroth to watch it IMO.
This is not a trade advise , just theoretical debate of what this company could be capable in very short timeframe , and with coming decade of EV industry and sustainability one of my top of the list stocks to watch for long.
Enjoy the sunny days, stay safe and share your opinions.
Cheers,