A little venting never hurt, sometimes it helps.
posted on
Mar 31, 2015 04:01PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
I'm disappointed there was no news today. I'm starting to believe a theory that we will never see the PEA. I think it's done and put away in a desk drawer, I'm hoping a buy-out or some similar deal(s) are in the negotiating stages.
I can't see any reason why the PEA would not be completed by now unless there are issues with the commercial pilot plant process and I don't believe that is the case considering the information released in the last two NR's. The PEA was to be out in June, was close and will be released in September, really close to being completed in December but not quite, so it will be out by the 1st quarter. Well, it's not!
IMO AE knowing it wasn’t coming out today - was obligated to inform his shareholders as to why not. If he couldn’t release the PEA he should have released an NR with some sort of communication in it.
As investors we awake tomorrow morning in the second quarter, facing the fact the PEA has missed its 4th scheduled release date and we have absolutely no word from ZEN as to why. I’m relieved AE did not release a statement setting a 5th PEA release date. The share price in December was dangerously close to a buck. I’m curious to see what happens to it over the next few trading days after another PEA release deadline has gone by. Though I don't believe we'll get remotely close to December's $1.05.
I should call Zen and inquire about signing an NDA agreement as it seems NDA people are the only ones in the know! Well them and that jack_ss on the basher board that seems to know more than shareholders as he posted ZEN would miss this latest release a couple of months back which really burns my a_s because he knew and shareholders didn’t! How’s does that happen???