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Gold/Mining/Energy : Zentek Ltd - ZEN

ZEN.V 1.200

+3.4%

9:30 AM EDT

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Steakhouse

To: Steakhouse who wrote (22591)	9/24/2025 1:29:30 PM
From: Del Bocavista	1 Recommendation of 22639

I'd sell them both, but not now unless another company came along with one of those $5bn 'macular degeneration aptamer buy outs that we saw a couple of years ago. For me the thing about Albany is that we don't know how much more is at depth. Those vertical pipes could go down into the earth quite a way, so some additional drilling is required. My ideal scenario is we get certification that Albany is tickety-boo for the battery and nuclear industries and Ottawa coughs up sufficient money to have definitive drilling completed. $50k would do it, I guess. Ottawa has given NOU $50 million so our requirements are a small relative amount. The Board knows damn well why Ottawa is baby stepping with Albany and not going full-pelt. Wendy won't be telling us timescales any time soon. "By advancing Albany in partnership with CLFN and within the framework of government support for critical minerals, we aim to demonstrate how ..." I regard that sentence as utter BS in terms of real Albany development because Ottawa has spent far more money on NOU. I'm so happy for them... (ahem).

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