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Pastimes : Zenyatta Free Speech Board
ZEN 77.480.0%Nov 21 4:00 PM EST
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To: the Chief who wrote (22007)4/21/2018 9:52:00 AM
From: stuffbug1 Recommendation

Recommended By
hoperrs

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Priddis Brownie, another person who doesn't understand PEAs.
So we proceeded and did a very conservative PEA that showed excellent returns and a less then 5 year payout at $7500 at a very conservative depth. Wow, the upside looked tremendous.
If the "upside looked tremendous", why did the stock price tank after the release of the PEA and why could Zenyatta not raise the necessary funding to conduct the PFS? After the PEA was published some of us on this very board discussed the critical flaws of the bull case and predicted that AE would only have access to "lifestyle maintenance" funding. Nearly 3 years later, nothing has changed in that regard.

Zennanites still believe in fairy tales.
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