Also I hear all the thoughts on the PEA, but IMO ZEN would not be able to share a PEA document with anyone. They will have to make it available to the public if it is finalized, otherwise they would be breaching reporting guidelines. I still think ZEN is tayloring metalurgy to end user specs and this is not done and when it is we get the whole enchilada, PEA, End User deals, Buy Out offers, you name it everything is set to happen at once.

This seems like the most plausible answer to the delay question.

If an NDA end user user wanted some info on the economics of mining it to the needed specs I sure some general information could be provided, ballpark if you will, with the caveat that nothing is firm until the PEA is complete. The NDA end user may ask a simple question sucjh as "do you believe you can mine it for under $3k per ton". "We believe so, but the PEA will confirm that". "What kind of equipment is needed?", etc etc. If an end user has indicated they are interested in a strategic partnership or buyout they would/could have access to the same info that management does (which is an incomplete PEA).

I am sure a number of posters here have been involved in companies regarding NDA's as I have. The books and all information is shared 100% in many cases. The information obtained is confidential whether a deal is consumated or not. ZEN may actually be reluctant to provide cost info becuase that kind of shows their hand (profits to be made) unless they have more than one player involved in the distinct market segment they are targeting. Each NDA may be different as well, some involving more details than others. Lots of info we don't know that's for sure.