Nextsource Materials Inc (NSRCF)

[Venturer1]

AK,
A buyout would not be desirable for long time shareholders.
Using a NPV of approx. 500 million and outstanding share count of Approx. 400 million would fully value ENZR at $1.25 CAD a share.

A reasonable buy-out offer at this point in time would probably not exceed 250 million dollars or $0.625 CAD a share. If bought out by a major, some sort of stock swap would most likely occur.

Unfortunately the vanadium resource par value is $0.00.

We have to go the distance (to production) to have a chance to reap any substantial reward.

It's a roll of the dice with this management. Could not read them in the past, and still can't but remember that if they sell out, they may all be out of a job.

And we know that they LOVE this gravy train. Why derail it now?