ZEO 0.00% 3.5¢ zeotech limited

I agree Artseck, there is no doubt this is a very positive...

  1. 91 Posts.
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    I agree Artseck, there is no doubt this is a very positive outcome for SH's, by removing the legal headache (consuming time, attention & money) and even more so the material contingent liability that has clouded ZEO over the past 6-9 months. IMO the board must be commended on how they've navigated a challenging situation (legal stoushes rarely end will, especially those in a the public areana). This outcome has halved the amount of shares that would have been issued if a scoping study would have been completed at the time & still enables SH’s the opportunity to make the decision on the way forward. Its also good to see that the litigants have accepted a pathway forward that indicates they acknowledge the value ZEO presents.


    Bring on the general meeting pass the resolution and let ZEO’s board focus on getting on with creating SH value smile.png

    Last edited by maachine: 27/05/23
 
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