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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 is focused on supplying battery materials through the mining and value-added processing of graphite and other minerals. Its segments include mine development and BAF development. The Company’s principal business is the development of the Molo Graphite Mine (the Molo Mine) located near the town of Fotadrevo in the Province of Toliara, Madagascar. The Molo Mine has a production capacity of 150,000 tons per annum (tpa) of SuperFlake graphite concentrate. The Company is also developing a downstream graphite value-added business through the staged rollout of Battery Anode Facilities capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers. It also owns the Green Giant Vanadium Project, located in Madagascar, and the Sagar Project, located in Quebec, which are at the exploration and evaluation stage.


TSX:NEXT - Post by User

Bullboard Posts
Post by FerrariPalmbeacon Jul 20, 2017 5:24pm
182 Views
Post# 26492708

Confirmation as of 3/20/17.

Confirmation as of 3/20/17.Still .................................. From 2004 to 2017....... Company summary: ..No Sales, Revenues, or Clients ..... Nearly $ 100 million of shareholders' money spent to obtain: NO legal title to the graphite property. NO active mining permit. NO off-take agreements. NO strategic partners. NO clients. NO graphite sales. NO vanadium sales. NO uranium sales. NO gold, etc. sales. NO revenues whatsoever. Pending: 1:5 or 1:10 Reverse Split. More red flags than a joint Chinese-North Korean military parade.
Bullboard Posts