Wow, what a convergence of opposing views we’ve had posted on here today. Both have a valid argument to support the perspectives being put forth. I’ve read the release over 5 times and cannot see where it’s written the PEA will be delayed until 2015? The market seems to believe the PEA will be delayed, so much to the fact the market now has ZEN’s graphite priced at or around $46 per ton. How insane is that? Did any insiders sell yesterday or last week? Not to my knowledge. Last I heard AE sill has 5 million shares and lost a lot more leverage than what I did today. ZEN’s world has not ended, it’s still in the evolutionary process.
I agree timing is everything and we know AE’s timing hasn’t been great so far, maybe today’s NR should have happened in November and we might not have had the reaction we saw in the markets today.
My glass is still half full on this stock, I still believe we have a unique find and will be rewarded when the ducks are all in a row.
I’m going home to have stiff drink…
Cheers