Nextsource Materials Inc (NSRCF)

[riverrock]

Good read...

http://www.proactiveinvestors.com/companies/news/182081/nextsource-materials-plans-for-modular-mine-construction-represent-a-paradigm-shift-in-mining-182081.html

The article speaks about the problem's such as cost of the planned 53,000 tonne Molo Mine coupled with the fall in graphite prices from their highs.

Then the switch to a mine using modular components and costing much less and operable at lower graphite prices and ends with this paragraph.

“NextSource is that rare thing, a graphite company that has based its project economics on actual reality and by doing so, has conservatively showed investors that it can make very good margins in doing so now, and likely a whole lot more when the eventual, but still-in-the-future, world of battery power arrives.”