Replies to post #7086 on Nextsource Materials Inc (NSRCF)

[stooge4]

Does your estimate of $6 assume that the remaining 80% of the unexplored resource is proportionally equivalent to the the 20% of the defined resource? Are you also assuming that a higher P/E ratio will push the value of the stock above a direct comparison of dollar to resource?

ENZR has a lot of paper out there, and there will be more required (perhaps) to bring the project to production. In 12 months, I wonder how many more shares and outstanding paper will exist. $6 sounds nice, but who on the board thinks that's within reach? I would just like opinions. Mine is that it could go higher if there becomes a mania for graphite and /or battery grade vanadium similar to the lithium craze. But that's a special circumstance. What's realistic based upon resource and presumed dilution? If the mine is brought to production and 'synergies' with the adjacent Sakoa rail come to fruition, over $4 seems reasonable to me (depending on dilution). Just a guess based upon the numbers I've been reading here.

Regardless, $6 would be quite a delight. But a fair value compared to where we are now would also make me happy. This isn't a 30 cent company. (Uhhh...nor a 20 cent company as some would allude).

[riverrock]

I'd like to see a JV Power Plant built on the Sakoa Coal Property to both power Energizer's pre-heat circuits and to feed Southern Madagascar's Electrical Grid.

The $306/tonne figure with recoveries at 82% would give ~$250/tonne for the Electrical Grade V205 before possible graphite credits.

If we assume 3.5% to 7% graphite ore grades from both properties with 90% recoveries and the graphite price at $2205/tonne (~$1.00/pound), processing one tonne of graphite would give from ~$70/tonne to ~$140/tonne respectively. So Energizer's processed ore value for electrical grade V205 and Graphite could be between $320/tonne to $390/tonne.

Sure, the above are just assumptions, until the PEA.