RE:RE:Why no progress?Concrete is not obscure in itself, but the addition of graphite or graphene to change the concrete properties is an application that no other graphite company seems to be pursuing, and could be labelled obscure.
I see ZEN's tactic here. They hand out a free sample to a university. The material is tested and then, with great fanfare, they announce that "our unique graphite has been shown to be suitable for this application", everyone gets excited and pushes up the share price. However, it is a meaningless statement, unless they independently test other graphites and demonstrate that their product is the only one that can meet the required specifications.
The whole value of the company is based on statements that they have a "unique" product that can be sold at multiples of the going market price, but they have never at any time shown why the graphite is "unique" and what value it has that cannot be reproduced by graphite from hundreds of other sources.
If graphite is shown to be a useful additive to concrete, whywould anyone use expensive graphite from ZEN, rather than much cheaper product from Mason, Syrah or Magnis?
steakhouse wrote: Ali - You sound odly like Chief or one of his minions. "Obscure applications", you best look at the concrete market again. Hardly "obscure". You might want to re-read some (or all) the ZEN IR's the past year or two also.