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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 Aug 24, 2018 3:14pm
219 Views
Post# 28514497

Thoughts

Thoughts
Thoughts
 
After we are issued the Mining Permit for Molo the constant negative opinions heard on this board will finally be quashed. One must consider that NextSource provided the funds and performed the work which has shown Molo's Graphite is an excellent material. 
 
The Enviromental Permit will quickly follow.
 
Posco/Samsung are looking for a quality graphite material to enhance their high quality batteries and Molo's SuperFlake will help them attain that goal. Thus an off-take agreement concerning Molo's Graphite is a excellent possibility.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138216229
 
When such an off-take comes into play Posco/Samsung can consider providing NextSource the funds to build the $18.4 million Modular Mine. Payment to Posco/Samsung could be structured to cover the total of $18.4 million by providing that dollar amount in SuperFlake Graphite product over a 4 to 5 year period at 2% interest -paid annually- with the remaining SuperFlake Graphite product. 
 
NextSource has 490.6 million shares after the recent non-brokerd placement of 8/20/2018. 
 
In the future when they desire to expand the Molo and the Green Giant Mines, two new companies can replace NextSource, one would be Molo Graphite, the other Green Giant Vanadium. Each would have 245.3 tradable shares and both would be under NextSource management. All existing shares will still be held by existing shareholders, but equally spread between two new companies with high potentails.
 
Such would give all the ability to act according to -time and situation. Shareholders would have the ability to act accordingly.  
 
 
 
 
 
 
 
Bullboard Posts