Regarding the following quote and recent developments:
" But what we’re planning on doing is to purchase, or to joint venture with companies who have existing large deposits inside Australia, and those discussions are ongoing. And I anticipate that we’ll be expanding outside WA into South Australia, possibly the Northern Territory and possibly into Queensland."
ZEU had mapped out the financial requirements for their current projects at the time of the IPO.
What are the ways that ZEU could fund 'purchases' or JVs when current funds are already allocated - without significant dilution/risk for current share holders?
How would current shareholders then benefit?
A month ago, I thought I understood the plan going forward - but now I clearly don't understand.
The recent developments could be fantastic - but I would like to hear the thoughts of others.
ZEU Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
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