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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

Comment by WiseGuyTSXon May 25, 2021 4:28pm
279 Views
Post# 33261789

RE:Next !!!! Sharing my happiness !! What a day !!

RE:Next !!!! Sharing my happiness !! What a day !! If you're looking at your book value - I wish the number seen was true. 
Next underwent a reverse stock split.
At the current share price, we are currently down from Friday.

Split is 10:1 
So if you had 5000 shares at $0.34
you now have 500 shares at $3.4

None the less, at this price - the idea is to attract analysts and further attention. 
Fundamentals are good.
Let's see what happens. 
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