Zeu’s structure and assets after the recapitalisation:
● 430 million shares on issue at 1 cent giving it a tiny A$ 4.3 million market cap.
● Cash on hand of A$ 2.7 million.
● An E.V of A$1.6 million.
● No debt or outstanding creditors or claims and a low cash burn rate.
● 219 million 2 cent options which could potentially raise a further A$ 4.3 million over
the next two years if its share price rises above 2 cents ( just A$8.6 mill M.C).
● Four tenements in W.A. One of which contains a free-flowing potash brine aquifer.
The others are prospective for lithium, manganese, copper, other base metals and
Uranium.
● And most importantly, in the near term the new ZEU board has begun to actively
seek to acquire a substantial new asset or business in the coming months that could
significantly increase ZEU’s value and share price.
Good RvR
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- Ann: Non-renounceable Entitlement Offer-Extension of Closing Date
Ann: Non-renounceable Entitlement Offer-Extension of Closing Date, page-4
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