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Gold/Mining/Energy : Zentek Ltd.

ZEN.V 1.140

+1.8%

Jan 22 3:57 PM EST

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To: Garth who wrote (7808)	3/4/2016 11:19:16 AM
From: I_C_Deadpeople	9 Recommendations Read Replies (2) of 54772

Not to mention that the Zen PEA was ultra-conservative and I would classify the CCB PEA as optimistic (i won't say overly optimistic..oh wait i just did). If we look at the costs to process and upgrade to 99.9999999999999 (CCB numbers lol) one can see why at the AGM Dr. Charar said Zen looked for the 'sweet spot' - high enough purity to get great value but keep the costs down and the 'right' purity for large end user use. I won't spend much time on the CCB PEA - clearly, they are targeting a very high end market with very small annual tonnage. I said the other day - different end users and market all together. These two companies have no linkage other than the word graphite. Apples and oranges

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