Re: Got this email from ZEN IR...
in response to
by
posted on
Sep 01, 2016 01:24PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
Steakhouse,
I like to view zenyatta going into production as an absolute limit on when i'll finally get my pay day. The ideal situation is that we'll be aquired within the 1-2 billion dollar range at some point in the near future, but worst case scenario at some point Zenyatta will go from "pretending to be a mining company" to saying "Fuck it, we're a mining company" if a buyout doesn't materialize. As shareholders we have an ownership stake in a plot of land at the moment, and while a buyout would be greatly preferable, a worst case scenario would be A. we aren't aquired and are unable to raise the funds to produce the mine. B. we are able to raise the funds to build a mine, but have to wait till 2020ish.
-Garth