Mark I agree. Something changed in 2013 that we may not be privy to. Rumours were abound but nothing solid from AE to stop the 30-50% decline of the share price.

I'm not sure if the PEA delay was a bad move. AE mentioned something about a patent with their processing. As well NDA's may have come in from very prominent (deep pocketed end users) which would justify the PEA delay. The DOE was researching ZEN's graphite. SGS was delayed and ZEN continued to tweak their purity processes apparently to satisfy a range of end users. All this seems very positive to me. And don't forget August came with the hiring of Ken Stowe who I'd imagine had a lot of ideologies to provide the BOD.

We are frustrated with the lack of news but are we really frustrated with the current share price? Within a few short weeks we'll be able to answer those questions.

Monday is the start of the 4th quarter and I can't see AE waiting until the week of Christmas so basically within the next 12 business days it will be out.