RE:I see the people that did not listenthe_chief, with all due respect, congratulations for buying in at the bottom and making a couple $Million profit, but if you insist that there is no risk at this price, then you're either being naive or you're trying to sugar coat this.
Sure, ZEN has potential but they need to prove that the cost of producing high purity synthetic graphite from their deposit is competitive with other vein producers, as there is no need to compare them to flake which have higher costs to Sri Lankin graphite.
Thing is, we just don't know if ZEN can produce cheaper synthetic graphite than flakers yet, although anyone here can claim it is. It's rather easy to proclaim this anonymously, yet the company won't state it publicly because it just isn't or hasn't been proven to be as of yet nor is there assurance it will.
Sri Lankin impurities? They have 95% to 98% purity prior to being mined, "IN THE GROUND". So there's impurity in the remaining 5% to 2%? Is that something Sri Lanikin producers should be worried about? Seriously, that must be a joke.
the_chief I'm not envious of those that bought cheap, or worried as I'm trading this, but until they come out and state official numbers pertaining to cost, then this is already fully priced if not over priced. That's just my opinion, and I'm sure you have yours, but this compared to Sri Lankin deposits is very, very, very low grade.
We're talking 15 times less the grade as Sri Lankin deposits, which is not something investors should just brush away as insignificant. atb