Zenyatta = Diavik Another interesting comparison is between the Zenyatta pipes and the Diavik kimberlite pipes. The measured and indicated resource for the 4? Diavik pipes was stated at 31 million tonnes in 1998, at an average grade of about 3.8 carats per tonne. These are some of the highest grade kimberlite pipes in the world. Diavik diamonds were reevaluted in 2008 and assigned an average value of about $90/carat. This equates to rock value of $340/tonne. If Zenyatta can compete in the synthetic graphite market @$8,000/tonne, rock value of $340/tonne would require grade of 4% graphite, which is right in Zenyatta's midrange. Drill results so far on the east pipe have provided some tonnage speculation of perhaps 13 million open pittable tonnes (down to 300 m depth). Considering that the western anomaly is larger, it appears that Diavik style tonnage will be easily achievable. Thus, orebody geometry, tonnage and rock value could be boadly comparable and both mines will be marketing the same thing; high value 'carbon'. Expect this comparison to get more and more air time as the summer drilling proceeds. And then remember that Zenyatta also has the trump card of being located only 5 km from an all season road and won't require building 4 km of dykes out into a large lake in order to get at its high value carbon. The Mookster