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Gold/Mining/Energy : Zentek Ltd - ZEN
ZEN.V 1.040+1.0%Jan 7 3:59 PM EST

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From: Rocklyn04042/11/2021 10:53:53 PM
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You guys might have already known this but ZEN is sitting on a gold(graphite) mine

Projections according to new presentation and article:

Let’s conservatively say 1,000,000 tonnes of Graphite.

Operating cost per tonne: 2000
Estimated Revenue per tonne: 7500

1,000,000 * 5500 = $5,500,000,000

5.5B / 23 (projected mine life) = 239M/Year from mine

ZEN wouldn’t be too interested in selling all their graphite as they would use it themselves.

This company is looking to get a lot of patents and other applications so this is just extra money for them.
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