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Gold/Mining/Energy : Zentek Ltd.
ZEN.V 1.170-3.3%Oct 29 3:59 PM EDT
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To: Grapheneman who wrote (48540)6/13/2024 10:38:31 AM
From: Del Bocavista1 Recommendation

Recommended By
Grapheneman

  Read Replies (2) of 53889
 
The 'from' number looks perfectly in sync when you look at Q3 figures released on Feb 12th.
The entry appears to assume revenues in Q4 to end-March 2024 no better than end Q3 ie to end 31st Dec last.
So $78k revenue for the FY to 31st March is no real surprise to those who suspected Q4 would be in-line, ie utter dispiriting crud.

The important question is 'Where does the revenue of $14m come from, for FY Fiscal 2025?'
It's quite an improvement on Fiscal 2024 but what assumptions are being made by the compiler ?

On the other hand $14m for a FY in which we hold (do we? will we?) FDA mask-ok, USA/EPA filter ok, CDN PMRA-ok, anti-corrosion contracts, seems paltry, but it might be given a free-pass as not being over-excited.

The perhaps equally important question is 'Did these figures come to the author from GF/other director etc?'
If so do they constitute guidance?

The shadowy question is of course 'Have these figures come from an unreliable source with a motive to mislead and deceive ?' I don't mean you, GMan.
I sincerely hope not.
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