They made a number of right decisions, given the highly competitive and secretive graphite market. To help Dr. Chahar, they are hiring a Marketing Development Coordinator, that is funded by the Northern Ontario Heritage Fund Corporation’s Youth Internship Program. They are laying the ground work for community acceptance of this mine (via jobs, youth jobs, providing back via Boys and Girls, etc...). They are also perserving cashflow by utilizing various government funds that are available.

https://www.workdirectory.ca/job_detail.php?job_id=22487

Zenyatta has laid out the framework for maximizing a buyout (if an offer is made) thru:

• Distribution of samples to 20+ users and 10+ academic/govt institutions (via NR)
• Layout mine development timeframe (Japan presentation)
• Raise cash via a strategic placement (indicated by posters AGM notes)

All of these points shorten the timeframe for potential buyers. If the product is exactly what Dr. Chahar initially indicated back when he was hired (quotes in NR), then the above points will put pressure on potential buyers to make a competitive offer.

If Zenyatta's only goal was to sell the deposit, they would just burn through cash and end up diluting the company to be taken out for pennies. Zenyatta has to keep focusing on developing the mine and the product that end-users will want. There will come a tipping point for potential buyers to pull the trigger.