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Gold/Mining/Energy : Zentek Ltd.
ZEN.V 1.050+2.9%Dec 19 9:30 AM EST
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From: Siegfried9/10/2016 4:50:38 PM
2 Recommendations

Recommended By
cbs12311
Mister D

  Read Replies (2) of 54360
 
From the Roth report:

"Reiterating rating and target. Although we believe today's announcement could prove to be a significant milestone for ZEN, we do not believe it significantly impacts the end market pricing for ZEN's graphite and thus, does not impact our valuation. Thus, we are reiterating our CAD$2.10 price target. However, we believe a successful outcome of the pilot test would lead to the creation of an integrated concrete additive company, which could allow ZEN to finance the development of Albany. Intraday price CAD$0.95 as of 9:40 "

What does it mean?Do they believe that our graphene could only fetch about $7500 p/t as the average price target as in the PEA ?

Roth is a shareholder as well as a paid newsletter writer.They also trade the stock like any other traders and all they care about is the day to day price,not the ultimate future prospect.
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