These are the facts as I see them,

There has been no delay in the PEA announced

The resource has not reduced in value

I believe it was stated there could be further NRs prior to the PEA

The floatation process has been refined which has improved grade and made it cleaner.

My thoughts are that ZEN investors are jittery with the PEA delay and the market is jittery with the oil sell off and it's tax loss season.

Please correct me where I'm wrong but I don't see anything new here to discredit ZEN.