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NextSource Materials Inc T.NEXT

Alternate Symbol(s):  NSRCF

NextSource Materials Inc. is a Canada-based battery materials development company. The Company has two operating segments, consisting of mine development and the exploration and evaluation of mineral resources. It owns a owns a 100% interest in the Molo Graphite Mine (Molo) located in the Province of Toliara, Southern Madagascar. The Molo Graphite Mine project is located near the town of Fotadrevo in the Province of Toliara, Madagascar. The Molo Graphite Mine is subject to a 1.5% net smelter royalty. The Molo Graphite Project graphitic zone consists of multi-folded graphitic strata at surface with an exposed strike length of over two kilometers. The Company also owns the Green Giant Vanadium Project, which is located 15 kilometers from the Molo Graphite Project and hosts a large sedimentary-hosted vanadium deposit. The 100%-owned Green Giant Vanadium Project is an advanced-stage exploration project.


TSX:NEXT - Post by User

Bullboard Posts
Post by Brownie51on Sep 27, 2019 11:49am
494 Views
Post# 30170972

Goodman finished selling

Goodman finished sellingGoodman had to sell their position down to max 10% because the position was moved into a restricted fund. They are under the 10% limit now so they are finished selling.With this feasibility study in place the company is now in the position to build the mine.According to the CEO, Goodman started selling at around the .17 level so this should recover after the overhang from yesterdays trading is cleaned up
Bullboard Posts