Zenyatta Ventures Ltd

in response to rennie69's message

here is my 2 cents.

We thought the PEA would be uber great ( atleast i thoght it) with a yearly production around 50 000 ton and NPV near 1B dollar (again atleast I thought so).

But:

The high purity graphite market is relative small (smaller than i thought) so getting market shares isnt easy. Chahar & co know this al along and are working hard to get end users so that the yearly production will be as high as possible. Production costs are low so that is good but we will need volym.

I hade hoped that I could sell between 10K - 20K share after the PEA for around 5 CAD/share and saved the rest for a buy out in a year or so but that wasnt the case.

Im quite sure we se a mine and Im prettty sure i get a good interest on my money but I think we all got to wait much much longer that we hoped for.

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Godis
City
Umeå
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Date Joined
11/10/2013
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Zenyatta Ventures Ltd
Symbol
ZEN
Exchange
TSX-V
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62,884,284
Industry
Metals & Minerals
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