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

To: Bentonstocks who wrote (2932)	9/5/2013 9:47:30 AM
From: Rocket Red	Read Replies (1) \| Respond to of 22791

super thanks

To: Bentonstocks who wrote (2932)	9/5/2013 12:09:26 PM
From: Bentonstocks	9 Recommendations Recommended By 99FXD cole steel copperknob Eva Garth and 4 more members Read Replies (1) \| Respond to of 22791

So, apparently Roth valuation is based on conservative upward revision of tonnage to 23M tonnes. They are apparently aware of 100M tonne potential, but are being conservative because they are targeting institutional investors. Interestingly, this revision is consistent with the their previous tonnage vs. sp target, and by their valuation methdology, if ZEN proves somewhere around 100M tonnes, that values ZEN at +$20/share.