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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 riverrockon Apr 29, 2018 8:45pm
153 Views
Post# 27956642

An Idea

An Idea
 
We have the right minerals in large quantities and are 
now in a positive time frame for EV's and Power Storage Systems..
 
 
As a result, the company should consider dividing its current  468.9 million shares outstanding  between two new companies:
 
 
First, Nextsource Graphite and Second,Nexsource Vanadium. 
Each will have 234.45 million shares.
 
 
If this were accomplished, Shareholders will have all of their purchased shares, but one half of them will be in each of the above new companies that will be under Nextsource Materials guidence.
 
 
Such a 50/50 division also applies to the Institutional Investor's shares as they may decide to take a JV interest in either of the new companies at a futue date by surrendering their shares to ne held im the new company Treasury.
 
 
After the date  of the above changes all new shares that will be issued by either of the new companies will be their own decision  as will be mergers, JV's or bank loans, and not effect the other company.
 
 
In effect all share holders would benefit by having good positions in 2 companies that should move based upon their products and at  less shares than they have presently.
 
Bullboard Posts