Good summary Mark. I think the second option "ZEN the miner" could in fact have various sub-options. Sell off a minoirty for funding and be the actual miner; sell off a majority for a share dividend type deal with cash flow in the future for further dividends; a 50-50 JV, etc etc. A unique deposit may end up with a unique arrangement.

Miners are less reluctant these days to do JV's and given the low capex of this project if I am a miner I would want the whole thing. But a 'startegic partner' could of course be an end user who ponies up cash/cash equivalent for a hunk of the project.

Lots of options and I think AE said it best and with clarity "everything is on the table".

End of the day (I totally overuse that phrase), we can't have a bidding war or even a vote until we get the first offer. And until we get that offer, work continues to progress the project. The more work goes into it the more value is likely to be derived.

Edit - should have also mentioned that clearly, the management and board are in the drivers seat here. That in itself is quite rare even in new gold discoveries. If an offer comes in and the board feels it is undervalued I think we would have the votes to reject it.