Nextsource Materials Inc (NSRCF)

[Luke_McCain]

HCF International Advisers (Off take Agreements)

http://getfilings.com/sec-filings/160928/Energizer-Resources-Inc_10-K/

In July 2016, we appointed UK-based HCF International Advisers Limited ("HCF") as advisor in negotiating and structuring strategic partnerships, off take agreements and debt financing for its Molo Graphite project.

Fantastic!

Here is a simple question:

If you owned a company interested in purchasing graphite (either for your own use or a client), would you:

1.) Sign an off take agreement with NEXT, knowing that they have no clear title to the property, no commercial mining permit, and therefore cannot deliver even one metric ton in the near (and maybe distant) future?

Or, would you either:

2.) Sign an agreement with a well-known and reliable producer.

3.) Contact a graphite trading house, broker, wholesaler, or other middle-man, and shop around.

4.) Sign an agreement with another graphite junior with a clear title and commercial mining permit, to obtain a better price than 2.) and/or 3.)

What would you do as a business owner, with real money, and your reputation on the line?