Theorectically it may make sense to buy the deposit outright and have a mining company to do the mining part.However,a major mining company can also see the potential of naming it,s price from year to year given the increasing demand for this kind of specialty-grapite.I can name a few majors with deep pockets who will not hesitate to start a bid on Zen.After all,who won't consider to own a deposit with a chance for very high IRR,low capital cost and competing customers lining up to buy the stuff if they can only confirm the potential benefits once and for all.Given the difficulties all miners had for the past few years,it may be a king-maker for the likes of BHP.Being a miner-for hire will not sit well with them.

The long awaited PEA will be for the benefit of retail investors and the general public as well as a matter of formality.But the 20 or more NDA holders may already had all the facts they need to proceed soon with whatever agendas they have in mind.

My point is that no major miners will allow this chance of a life time to pass by without giving Zen a serious look.And the bid will start and may the highest bidder wins.