Welcome aboard kennnr!

ZEN is expensive at $3 compared to what it has been over the last year...but that is what good stocks do, they go up!

The real question here is how is ZEN doing in terms of value. Assuming FD and a few extra shares given out, our share float would be 60M giving us a MC of $180M FD+. Our revenue based on 100k tons per year production and $10k per ton revenue would be $1 Billion dollars. Mining graphite is about the cheapest mining you could do and that is why we have talked about CAPEX being 150-200M dollars. So pay back on CAPEX would be in months, not in years.

We could be generating 500M to 1.5B in net earnings. Apply even a 5X multiple and you have an enterprise value of 2.5B to 7.5B with possible share price from $25 to $75 based on 100M shares float.

ZEN expensive but still really cheap lol!!

Glorieux