CT, my understanding of the methane update is that the results confirmed that the zeolite products ‘adsorb’ or ‘hold’ up to 100% (not forever I assume) of the methane that passes through them, not ‘remove’ – the elimination of the methane will occur through either chemical &/or biological oxidation.
The oxidation results are the key outcomes we are all waiting on and its these results that will make all the difference. The way I read it; the zeolites needed to hold the methane in the first instance – but doubt this warranted a standalone ASX, as zeolites are known to separate and hold gases, ZEO has mentioned this in early investor preso’s.
As for the management not knowing what they are doing, all I can add is someone at ZEO must, as they look to have lodged 2 patent applications & it does look like the company is busy, with what seems to be complex, yet exciting projects.
Overall, I thought it was a pretty comprehensive quarterly, although that’s just me, DYOR
ZEO Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
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