Another great quarterly IMHO...mytake is ZEO’s management continues to deliver and SH’s need to accept ZEO is an R&D centric company, developing cutting edge technology, with an exciting climate/agri-tech portfolio building.
ZEO applied close to 75% of total 22’FY expenditure on R&D – reflects to me that capital allocation is being applied to where it counts and with close to $1.8m of R&D, I’m guessing close $1m will be coming back into the tank from 22’FY R&D incentive.
Obviously, capital investment in pilot program is reflected in the cashflows with close to 35% of 22’FY R&D expended in the June Q, which in turn has delivered Covalent/ Trailblazer grant win.
As for Activities, I liked
Leading waste management company engagement, early is s sign that the need is there…
Looks like they are talking fertilizers…and lets not forget who Covalent are (WES/SQM)
Toondoon kaolin looks to be attracting real interest, with ZEO bringing on board an India RM…
And,it sound like the India kaolin interest is starting to get serious…
Best of all - I think this photo says it all – smiles all round for UQ, ZEO and Covalent !GLTH's
Add to My Watchlist
What is My Watchlist?
