Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: rennie69 who wrote (13295)	11/1/2021 5:49:31 AM
From: Bentonstocks	10 Recommendations Recommended By eagleeye1 Hugh Bett Inca2 Jayfish Mister D and 5 more members Read Replies (1) \| Respond to of 22641

Precisely... That deposit could be a +100 year supply of some of the very best graphite feedstock for all sorts of innovative, transformational, and highly lucrative graphene products, and we are only on the very tip of the iceberg in terms of the development for those products and the truly global technological revolution they will bring about. It is impossible to know at this juncture how much that very unique graphite deposit, in an easily accessible area of of northern Ontario, could ultimately be worth, but $250M does not even begin to scratch the surface... Obviously prices for graphene will come down as it becomes more mainstream, and if we ever to think about putting our graphite deposit up for sale we would only get a small percentage of it's future and final value, but to suggest selling for such a price ($250M) clearly indicates a failure to really understand and appreciate what it is we have... All of sudden we are talking about a healthcare track, for the time being at least, and it's like certain peeps have completely forgotten why they were invested in the company for the past decade. And it has to be emphasized that it was by our ZENForward management's vision and actions to transform the company into a graphene company, rather just a producer of graphite, that has put valuation of the deposit in a whole other universe. It we were just going to sell graphite for batteries or something, then something more in-line with George's price tag would be more realistic, as that would have been a totally different story and we would we looking at project economics in-line with RPA's PEA of our deposit... Although I would strongly argue those would have been vastly improved with an underground mining approach. The point is, why would our Management, after taking the actions they have to dramatically increase the revenue potential of the company through the development of graphene products, then shoot themselves in the foot, and all of us in the balls, and sell the graphite deposit for an amount that would be consistent with its pre-graphene track valuation? That would make zero sense, and I have no doubts if they ever tried, there would be massively strong negative reaction from shareholders... I dunno what George69 is smokin' but please don't give me any.