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Zeotech Limited ( (AU:ZEO) ) has shared an update.
Zeotech Limited has released a Preliminary Feasibility Study (PFS) for its AusPozz Project, which aims to produce low-carbon concrete products. The study outlines the technical and economic viability of the project, although further evaluation is needed to confirm its feasibility. The company anticipates requiring $95 million in funding to achieve the project’s goals, with potential implications for shareholder value depending on the terms of financing or alternative strategies like joint ventures.
More about Zeotech Limited
Zeotech Limited operates in the mining industry, focusing on the development of projects involving high-grade kaolin and low-carbon concrete products. The company is working on the AusPozz Project aimed at producing sustainable construction materials.
Average Trading Volume: 2,061,442
Technical Sentiment Signal: Buy
Current Market Cap: A$127.9M
See more data about ZEO stock on TipRanks’ Stock Analysis page.