Slayer, I have to agreed with your comment on the tech being ZEO's main game
But, have to disagree with your view on Toondoon's DSO opportunity - this kaolin is ~40% Al2O3 straight out of the ground and reports I have are that high grade DSO in China is selling for circa USD$200-240 per metric tonne. So there's ample scope in the price to manage logistics IMO and still come out with a healthy margin. I think what you mean is that no ASX listed Co. has true DSO kaolin ie raw ore that can be simply dug out of the ground near surface for say less that AUD$10 per metric tonne and then shipped. I suppose time will tell, but kaolin is definitely a universally used industrial mineral and sustainable (low cost) source alumina - if you have raw ore that's actually got 37-39% Al2O3 I believe the buyers will surface - which is what Toondoon has and all holders would be happy to see some quick revenue in the door, with little to no capex
We can revisit this post in say 3-6 months, to evaluate who's right or wrong - either way, as you say the tech is where its at !
ZEO Price at posting:
8.7¢ Sentiment: Hold Disclosure: Held
