George69 wrote on the other board: "So if someone came knocking with say 250 million to buy [the mine] and gave us first dibs on some tonnage we need plus royalties on production, I for one would say yes. ZEN does not need very big tonnage to fulfill our medical apps as small amounts go a long way."
That has got be one of the least unwise things I have heard him say... Musicfan had a good response, as did SWINGS. I kindly suggest voting for both of their posts.
Not a creampuff's chance in a fat lady's fridge I would ever agree to such a giveaway. So far, I see the medical stuff as a bonus, and I am primarily invested in this company because of the phenomenal value of the graphite deposit. It is effectively our own Fort Knox and it would be idiotic to sell it except at maybe fair value if somebody could afford it.
I fully expect/hope that as it grows, ZEN will create various wholly owned subsidiaries in health, industrial, etc. areas of focus, and with a mining subsidiary that owns and is responsible for extraction and processing of the 'rocket fuel' of our company, i.e., the graphite. They could JV this or hire a mining contractor - there is nothing complex or challenging about mining this deposit, and I strongly believe mining it underground would be far more economic and efficient than open pit.
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