Re logistics — Queensland is very pro heavy haulage, and the government has already committed >$25 million upgrading road passage/ access on the route from Toondoon to the Port of Bundaberg, where our product will ultimately be shipped.
These upgrades were designed specifically to support local companies doiung the type of bulk kaolin transport ZEO is planning from Toondoon.
Once haulage ramps up — say from 20 to 40 truckloads per day — it’s common for a small levy (e.g. $2/tonne) to be charged. But this is minor in the overall cost structure and effectively becomes a positive revenue stream for local government. Everyone wins — roads are used as intended, regional infrastructure gets a workout, and ZEO gets product to port efficiently.
Re: MOU ann —why non-binding? Assume it will have something to do with ASX rules and not having $$ included... could imagine the PFS, which will detail all the cost/profit/margin metrics (due in coming month or so) will put this to bed. Once this is known and publically annouced, non-binding could easly be upgraded to "binding"
So once the Chinese buyer’s FOB price is added, you’ve got a simple and transparent profit-per-tonne calculation — and early signs point to it being very lucrative. Sale price of pink Kaolin has previously been reported as high as $40k /tonne however I used $500-1,000/tonne to be conservative in the gross profit calculations above.
Add to My Watchlist
What is My Watchlist?
