Lets look at the facts, ZEN has the best graphite and the best PEA of any Canadian or North American graphite company.

Company NPV (8%) pre tax (10%) pre tax Mine Life IRR

ZEN $C 1.018 billion $C 768 million 22 yr 27%

Mason $C 364 million $C 283 million 22 yr 33.7%

Northern G. $C 231 million No Data 10% 22 yr 22%

Focus G. $C 317 million $C 250 million 20 yr 36.4%

Canada C. No PEA to date

Graphite One No PEA to date

So when you compare apples and apples ZEN is almost 3x more valuable then its nearest competitor, what's not to like. And it will only get better. Most of the other PEAs have already been improved with more drilling and updated numbers and we are still 3x as valuable.

Time to cut through the BS!