I agree it won't. A company capped at $50m purporting to be a cutting edge tech leader has spent under $1.6m in a year in order to get that grant if you reverse engineer the numbers and IMO like most companies I'm sure they've added everything "possible" into the R & D mix.
This is why I continue to ask questions as to where this company is doing. There is basically no money being spent in the ground at all on the mining assets and no where near enough on any of the zeolite refinement tech. This is IMO clearly up to an academic institution in UQ to deliver and finally I don't like those odds when it relates to a commercial outcome for shareholders.
Btw most Universities are on skeleton staff through the summer months so I am guessing not much progress is going to be reported on this quarter.
WW
I agree it won't. A company capped at $50m purporting to be a...
Add ZEO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $64.87M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.8¢ | 3.7¢ | $16.72K | 449.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75000 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 500000 | 1 |
View Market Depth
| Last trade - 15.30pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
3.7¢ |
Change
-0.002 ( 2.63 %) |
||||
| Open | High | Low | Volume | ||
| 3.7¢ | 3.7¢ | 3.7¢ | 276527 | ||
| Last updated 12.59pm 03/05/2024 ? | |||||
| ZEO (ASX) Chart |