Even with the positive news release and the DOE report Zen has not been able to stay above $2.00. "Why" is the question? What is the market missing, or what do we not know?
I can't see the share price moving much above $2.00 at all until either the PEA or a buy out offer is on the table, we could be months away from either, patience must prevail.
I like Mango's calculations however we really don't know what the processing costs will be so it's anyone's guess what our graphite is worth in the end.