Great summary! - very interesting re the drilling. Given Zeo...

  1. 6,983 Posts.
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    Great summary! - very interesting re the drilling. Given Zeo already has an estimated 20 year plus mine life at Toondoon with 14 mt Jorc, some serious annual volumes are already indicated. With low opex and capex, can see some very healthy net margin. Will leave it to investors to do the math. Not hard to put the pieces together IMO.

    But the interesting point here is why ZEO is investing in a drilling campaign to increase and upgrade the resource. You would think that there is anticipation of some serious demand above these already significant levels.

    BTW, nice to see some thoughtful contribution from ADN investors and not trolling. Actually working to understanding a business and dynamics.

    Last edited by andres: 16/11/24
 
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6.9¢
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6.9¢ 160000 2
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