Nextsource Materials Inc (NSRCF)

[Venturer1]

StoogeNo4 I am a shareholder (since Uranium Star) with the same hopes and DREAMS that others on this board have.

HOWEVER... let's not get lost in those DREAMS and look at reality:

a) Bigger is not necessarily better in the graphite space as the market demand is limited to traditional uses in the near term.
b) No infrastructure (rail line) and there is no mine. There is no way you can move that volume of tonnage by truck.

PS Did my own calculation using base case graphite price of $1,500.00/ton at a production rate of 84,000 tons/year.

Based on 250,000,000 shares outstanding at a P/E of 10.....
and the share price is $3.36/share. A P/E of 15 (premium) and the share price is $5.04. A P/E of 20 (mania) and the share price is $6.72.

I hope we get there some day, but I wouldn't bet the farm.