Nextsource Materials Inc (NSRCF)

[checkmate28]

Juice, You dont think a mining permit would help their cause? Everything they do is one step and part of their quest to mine Graphite. The elusive permit stands in their way.

Filing for the permit is not a big investment which brings up another subject. Why would Energizer raise money if it wasn't important? better yet what did they spend the money on?

April 11, 2016 07:00 ET

Energizer Resources Raises Capital for Molo Permitting
TORONTO, ONTARIO--(Marketwired - April 11, 2016) - Energizer Resources Inc. (TSX:EGZ)(OTCQB:ENZR)(WKN:A1CXW3) ("Energizer" or the "Company") announces it has closed a non-brokered private placement offering (the "Offering") for gross proceeds of CDN$224,550. Insider participation consisted of CDN$195,150 of the Offering. The net proceeds of the Offering will be used to fund the permitting fees associated with the Company's Molo graphite project in Madagascar.
The Company has issued 3,207,857 units (the "Units") at a price of CDN$0.07 per Unit,