Roth has NPV of $10 per share on 13M tons of ore, drilling show 130M tonsDo the math, this is huge, no wonder they won discovery of the year, stock of the year, are up from 14 cents to $4. Investors see this for what it is and the big boys missed it now they will stop at nothing to get their hands on some shares. Well, they are not getting mine roflmao!!
Page 9 of the Roth report has their assumptions including ZEN finding 13M tons.
From the news release of July 31st:
The east pipe graphite mineralization is oval shaped with dimensions of approximately 150 metres in a northeast-southwest direction by 300 metres in a northwest-southeast direction and to a depth of 500 metres.
So if you do the math using an ovoid cylinder, you get 47M tons give or take a couple. The West pipe is being drilled now and you can see the ground loop geophysics images of both pipes on the ZEN main page here on SI. As you can see, the West pipe looks to be about 3 times bigger than the East. Even if it is only twice, we are still approaching 150M tons of ore in the first 500m and we are wide open at depth. I think it is saft to say we will probably be over 200M tons when this is all said and done.
It is easy to see why bashers are working overtime to get retail to sell!!
https://roth2.bluematrix.com/sellside/EmailDocViewer?encrypt=217db938-01aa-410b-8166-bc88a30537f5&mime=pdf&co=Roth2&id=morningcallmin@roth.com&source=mail&pdfFileExtension=.pdf