Alright JL you freakin moron. The DNI clown is here and we'll play this game.
So NEXT got a boost in share price and $30 million shares in volume as well. No chit Im impressed, Seriously. But Im trying to figure out why?? I have an apology for the poster who can give me a legitimate reason.
Was it the Superfluff trademark PR? Or Brents speech about going into production with their beautiful resource? Brent always starts out his amazing speeches with (WHEN NEXT GETS FINANCING were going to do this and this and that) NEXT isnt going to get financing unless the financier can see a permit or path to production. Yes or no??
I have just 2 questions, no 3 Newbys around here listen up! This other Madi graphite company their talking about trades at about $12M market cap or one fifth that of NEXT. Their resource is in Madagascar off a paved highway and a 45min drive to the port. They have a finalized offtake agreement to sell 500 tonnes/mth leading to 2000tpm in 2019 to Korean Graphite, Korea being the largest Battery producing country in the world and a heavy expandable graphite market. This is going to happen no mater what this goon here says. If you align with the right comnpany, you will make money. The wrong company and you get more fluffflake press releases.
1) How will NEXT move forward without the PE permit that is needed for production?
I can tell you the other Madigascar company just leapfrogged NEXT and will be in production while NEXT is still here bragging about the Superflake trademark being patented in every 3rd worlds nation around. They have a real off take agreement
2) If NEXT could get a permit, How will NEXT get material to the port?? There 180km from a port. It takes a military vehicle with a snorkel 18 hours to make the drive? Has to be MANY Millions of dollars and years to get those roads built.??
3) Since its late we'll save this for later.
Keep on on the MADAGASCAR graphite competition at stockhouse.com
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