Kaolin and Lithium waste are a feedstock (source) for the production of synthetic zeolites. This technology is at bench scale testing stage. The acquisition of the tenement will provide a very high quality feed for this purpose.
While all this is happening, there is 1 million tons of near surface Kaolin which is suitable for commercialisation as direct shipped ore which Zeotech plans to sell into the market. It is super high quality and a very simple quarry like operation which means that the cost to market should be very low resulting in significant near term cashflow and profit.
IMO the market cap for Zeotech is low, even just based on this part of the business. Hope that explains it.
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Mkt cap ! $55.58M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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4 | 1299999 | 0.030 |
1 | 34400 | 0.029 |
2 | 1004000 | 0.028 |
1 | 100000 | 0.026 |
Price($) | Vol. | No. |
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0.033 | 50000 | 1 |
0.034 | 50000 | 1 |
0.035 | 500000 | 1 |
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