Replies to post #11186 on Nextsource Materials Inc (NSRCF)

[StoogeNo4]

They should finance with CAT and pay with future production and not burden their shareholders any further.

An off take partner may front some costs up front in return for a reduced price of resource. For example, Toyota put something like $5M into Matamec (that relationship is now over except for royalties) to produce a PEA and pilot plant. No reason that somebody similar wouldn't be interested in securing a graphite source with a similar deal. We still need ~$167 million to build the mine.

Question: does our small pilot plant have the capacity to produce some product to sell? Why can't they be producing something with that plant to offset some of the costs of sending out more samples instead of adding to the dilution?

[maseraticoupe]