My opinion for what its worth is that LT has a point and it is a distinct posibility, however I would not bet a lot of money on it. I tend to adhere to the theory known as Occams Razor - Entities should not be multiplied unnecessarily. The simplest solution will likely be the one which plays out.
That is to say I believe that we will see a PEA likely soon in the beginning of the 4th Quarter or even sooner, it will be what we have all expected and will indicate that ZEN is worth a very large fortune.
End users will get their material and will test it and will agree and there will be a lot of entities vieing to get their hands of ZEN and or its potential products.
This will result in a significant price excalation or even a bidding war, but it will all take time and patience will be needed to win the big prize and make big money on ZEN shares.
That said, I have no doubt about ZEN and its graphite and I would be very happy it LT's prediction were dead on.