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Gold/Mining/Energy : Zentek Ltd.

ZEN.V 1.050

-6.3%

3:30 PM EST

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To: Glorieux who wrote (7912)	3/7/2016 6:58:11 PM
From: Siegfried	5 Recommendations of 54816

asked about the difference in price between our PEA and CCB's. He said that Roskill calculated a number and then discounted that number and provided the discounted number to RPA. RPA then discounted again to what we saw in the PEA. The true value for our graphite will be somewhere between the 2 PEA numbers. So the true value of the Albany graphite may be some where between 10-11K P/T?That should change the value of our NPV in a flash.

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