Shmittmon,
You have a keen eye for spotting the $2B error, but I would call this a typo rather than a math error, since Tidal Pool got the end result correct using $1.2B/60MsFD = $20/s.
Assuming 10% of the in-situ value would be a reasonable starting point to guess the value of the deposit when it's brought up to the surface. Depending on the market conditions and the ability of the TO target to negotiate, the factor could be more (or less) than the 10% value.
Let's assume 10% for discussion purposes. An sp of $20 is a very good price to get for ZEN deposit, this is ~ x7 of the current sp. This is also consistent with an assumed 1/10 TESLA/ZEN conversion discussed in previous posts (currently, TSLA sp is ~$240/s, so ZEN = $24/s).
Not sure about others, but for me anything over $10/s would be looked at seriously. For $20/s it might be worth while, for some, myself included, to sell half of the holdings to lock in some cash in order to have a bragging right as millionaire, if one has 100k ZEN shares...lol! and let the other 50k ZEN shares ride to where ever it may end up (could be up, could be down). However, an offer of $200/s for ZEN is way beyond my imagination..., at least for the next 12 months. It's sort of like "pie in the sky". Imo, over-inflating the share price, based just on pure speculation would lead to unrealistic expectation, and (traumatic) disappointment. In this business, facts are required and emotion should be kept out.
Elon Musk would certainly know ZEN, along with other graphite companies, a lot more than us. Since as CEO of a $30B company, he would have a roomful of competent analysts with sophisticated computer models to check out the size of the deposits (he could even ask for twinned drillholes as part of a conditional offer).
They would probably has NDAs with various companies to look at the actual drill data and the assumptions used in the companies' resource estimates. They would also have asked for samples to have their own tests in order to verify various properties of graphite.
In addition, expert opinion elsewhere and other privileged information would be just a phone call away. Don't worry about him, he has access to the best brains in the business. There's a saying: it's not what you know, it's who you know.
goldhunter
