Zentek Ltd - ZEN Message Board

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Gold/Mining/Energy : Zentek Ltd - ZEN

ZEN.V 1.020

-1.9%

Dec 5 9:30 AM EST

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To: Rocket Red who wrote (5389)	12/5/2013 9:18:57 AM
From: Bentonstocks	4 Recommendations Read Replies (2) of 22703

So according my numbers ZEN as the equivalent of 10M oz gold deposit at 6.3g/t using $1200 gold and 45M tonnes of ore, which by the way is still open, assuming $8500/tonne graphite. And if we end up getting say $15000/tonne for our graphite, just for comparison, that would be like having a 17M oz deposit at 11g/t, if my numbers are correct And we or the market needs a PEA to know if that is economic? rotflmao

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