glorieux –

Thanks for posting this great interview. A number of my questions were answered.

"GIN: Absolutely. Just on a concluding note, what are your plans for the rest of the year?

AE: As you know, we’re drilling presently until the end of August. At that point, that’s when RPA will start to do their estimate on the size. Shortly after the resource is out we’re going to start our preliminary economic assessment (PEA) and that will be out the first quarter of 2014. In the meantime, we’ll continue to work on the properties of the graphite crystals. We’ll be touring various downstream companies to the site and we’ll be signing confidentiality agreements with various downstream companies as well. We’re also going to be doing another metallurgical test. We’ll scale it up and do a bulk sample and we’ll be testing that as well."

The plans for the next year are very exciting. I will speculate that the share price will be much higher before the proposed PEA date. I also wonder if we will see an offer before the PEA is complete (some on TTC think so)?

"GIN: It sounds like you’ve got a busy year ahead of you.

AE: It is busy. We’re fully financed, all the warrants have been exercised. We have $10 million in the bank and our program costs about $7 million, so we should still have some money left over at the end of the PEA."

We now know that the warrants have been exercised and ZEN took in over $12M. I believe that money will be enough to "carry us over the goal line."

It is nice to have a winner in my portfolio.

- panamax