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


To: I_C_Deadpeople who wrote (7810)3/4/2016 11:23:07 AM
From: HooterHanna4 Recommendations

Recommended By
cbs12311
Glorieux
muskavite
ValuHunter

  Read Replies (1) | Respond to of 54772
 
PEA is supposed to represent what is possible with a 50% margin of error. Zen's PEA left a lot of room to improve, which I assume they are doing.



To: I_C_Deadpeople who wrote (7810)3/4/2016 12:14:26 PM
From: Garth4 Recommendations

Recommended By
GMPInvestor
IronMan07
muskavite
ValuHunter

  Read Replies (2) | Respond to of 54772
 
The other fun fact is that their operating costs per ton is $8,666, and our target sale price in the PEA is 7,500. If we were to increase our sale per ton to 8500 we could increase our NPV while still undercutting their production costs.