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Gold/Mining/Energy : Zentek Ltd - ZEN -- Ignore unavailable to you. Want to Upgrade?

To: Berry Picker who wrote (2687)8/28/2013 1:59:39 PM
From: the Chief1 Recommendation

Recommended By
hoperrs

  Respond to of 22862
 
Not really, $4K would put them in a profit of about $3200-3500 per ton.
The difficulty is to get financing nowadays you better be a real standout. $4K may not make us the big standout we need to be.... no idea what financiers are looking for.
I do not believe ZEN will bring this into production anyway and it will be sold. So $4K instead of $12-$15k or higher makes a huge difference as to what the buyer will offer. Thats my concern.


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