Nextsource Materials Inc (NSRCF)

[Venturer1]

Stooge,
They may have the capability but do not have a permit to commercially produce as far as I know, thus the freebies to potential partners.

See excerpt from latest 10K filing below:

Estimated Geological Budget
From the date of this report, and subject to availability of capital, our plan is to incur anywhere between $6,250,000 - $16,250,000 on further studies, testing and permitting to advance the Molo Graphite Property and on further exploration and the creation of a pilot plant anticipated, but not guaranteed to be commenced on or before our Company’s fiscal year end of June 30, 2015, on our Madagascar properties and projected to be completed, subject to the availability of capital and any other unforeseen delays, by June 30, 2015. The following is a summary of the amounts budgeted to be incurred (presuming all $16,250,000 is required):

Bankable Feasibility Study (“BFS”) $2,000,000
Metallurgy $4,500,000
Detailed Engineering Study $4,000,000
Building of a pilot plant
and creation of off-take samples $5,000,000
Permitting fees $750,000
Total $16,250,000

The above amounts may be updated based on actual costs and the timing may be delayed based on several factors, including the availability of capital to fund the budget. The source of funds required to complete the budgeted items disclosed above will come from private placements in the capital markets.