Candu's 53830
An interesting comment by AI is included which refers to FTI
"Under his leadership at Zentek, Fenton initiated a partnership with FTI Consulting’s Government Affairs arm (based in Washington, D.C.) to support the company's U.S. expansion, especially helping navigate U.S. regulatory approval for its nanotechnologies (like ZenGUARD). Zentek Ltd
This indicates he’s dealing with U.S. federal regulatory frameworks (e.g. approvals, possibly EPA, FDA depending on the tech) and leveraging consulting/advisory services in the U.S. Zentek Ltd."
I personally query the choice of the programme's words 'leadership' (utter balls) and 'This indicates he's dealing with........US federal regulatory........."
Whatever it was with FTI, it certainly wasn't a 'partnership.'
More like a rolodex telephone entry.
In March, the FTI 'partnership' will be 4 years old, and it has proven to be a coast centre, but completely unproductive for Zentek shareholders.
Therefore, the only two possible conclusions from this AI note are:-
i) The note is as misleading as was the original announcement in March 2022, or
ii) 5Fs will achieve something with US federal 'frameworks' which he was either unable or unwilling to do for Zentek shareholders.
Value-destruction experienced by Zentek shareholders under 5Fs' 'leadership,' can arguably, but justifiably be costed at around $600m if we take the nov/Dec 2021 share-price and yesterday's closing sp.
Looking at the terrible destruction meted out on Gaza, which looks like Hamburg and Berlin at the end of WW2, I am, for some reason, also reminded of our share price.
Isn't that just 'Weird or What ?' |
