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

To: Bills16 who wrote (18592)	4/24/2024 5:37:09 PM
From: HooterHanna	1 Recommendation Recommended By Bills16 Read Replies (1) \| Respond to of 22647

Less than 50 million, just over 40 at today's exchange rate and share price.

To: Bills16 who wrote (18592)	4/25/2024 8:08:08 AM
From: Del Bocavista	2 Recommendations Recommended By George69 Steakhouse Read Replies (1) \| Respond to of 22647

I think it's just possible that you are very optimistic about the price at which the tranches will be sold. At least the first one. A BiggiePharm partner will demand a significant discount, and will undoubtedly get it. Anyone who thinks that the first tranche will be sold to a partner at premium is enjoying a nice dream. That's good news really as we become securely funded and can develop several IPs. Taking the maximum USD potential of the new shelf, this fund-raising, in aggregate tranches, absolutely dwarfs the $33mCDN fund-raise at the end of 2021. The other good news is that $50mUSD is chump change for a BiggiePharm 'partner.' We live on, and the partner has first position on an eventual buyout that perhaps does indeed go into the Billions.