OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor ZEO ASX

Zeotech Limited

PFS Developer · Others · Australia Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.066
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$135.8M
EV
A$127.5M
Cash
A$8.5M
Debt
A$0
1 newer ASX announcement not yet reflected in this valuation

Portfolio detail

Assets

2 assets

Core asset

Toondoon Kaolin / AusPozz Project

Australia

PFS Developer100% ownedOthers

Wholly owned through Kalotech Pty Ltd. June 2025 PFS production target and resources remain current at the FY2026 annual review. DSO offtake is binding but delivery remains conditional on financial close and approvals. No commercial shipment, Ore Reserve, final DFS or integrated funding package was evidenced by 26 September 2026. Nonbinding customer and port arrangements advance validation but do not establish recurring AusPozz revenue.

Project location

Approximate location

Loading location…

© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Published study economicsIssuer or study metrics
NPVA$406M8% discount
IRR42%Published return
Initial capexA$114.8MPublished capital estimate
Operating cost76,400,000AUD annual average LOM including contingency

Issuer after-tax NPV8 and IRR; operating cost is the PFS annual-average LOM amount including contingency and excludes escalation.

Resources & reserves3
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceMeasured across five clay domains6.6 Mt dryIndividual domain Al2O3 grades 26.79% to 38.81%; see source table for domain gradesOthers2026-06-30
Mineral ResourceIndicated across five clay domains11.8 Mt dryIndividual domain Al2O3 grades 26.10% to 37.57%; see source table for domain gradesOthers2026-06-30
Mineral ResourceInferred across four clay domains2 Mt dryIndividual domain Al2O3 grades 28.04% to 34.81%; see source table for domain gradesOthers2026-06-30
Tenements3
ml80126Granted133.39 hectares · 2030-11-30
epm27395Renewal Pending89 sub-blocks · 2025-05-20
epm27866Granted3 sub-blocks · 2027-01-31
Milestones4
  1. Complete 2026 Toondoon drilling campaign; annual report describes 105 holes while June quarterly describes 110 holes

    Achieved · High materiality

  2. Complete initial minimum 10,000 tonne DSO trial shipment

    Pending · High materiality

  3. Advance and complete AusPozz definitive feasibility study and maiden Ore Reserve work

    Pending · High materiality

  4. Permanent Port of Bundaberg bulk loading facility completion

    Pending · Medium materiality

Permits & approvals6
PermitJurisdictionStatusExpiryCritical path
Standard Environmental Authority for ML 80126Queensland DETSIGranted—No
Estimated Rehabilitation Cost approvalQueensland DETSIGranted—Yes
Operational Works Development Application for private access drivewayNorth Burnett Regional CouncilGranted—Yes
High-Risk Fauna Species Management ProgramQueensland DETSIGranted—Yes
Protected Plants Clearing PermitQueensland DETSIPending—Yes
Cultural Heritage Management AgreementAuburn Hawkwood People Aboriginal Corporation and QueenslandPending—Yes
Economic studies1
StudyStageStatusDateSummary
AusPozz Project Preliminary Feasibility StudyPFSCurrent2025-06-24AACE Class 4 and approximately plus/minus 25 percent PFS for a 20-year integrated DSO and 300,000 dry tonne per annum AusPozz project; no Ore Reserve declared.

Material

Abercorn Kaolin Project

Australia

Resource Stage100% ownedOthers

Wholly owned resource-stage kaolin option. The FY2026 annual mineral-resource review confirms the historical resource remains current with no depletion, but there is no economic study, Ore Reserve or active mine plan.

Project location

Approximate location

Loading location…

© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Resources & reserves3
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceRailcut Indicated22.2 Mt29.06% Al2O3, 1.13% K2O and 37.14% minus-20-micron fraction at 26% Al2O3 cutoffOthers2026-06-30
Mineral ResourceRailcut Inferred15.2 Mt27.88% Al2O3, 1.25% K2O and 36.35% minus-20-micron fraction at 26% Al2O3 cutoffOthers2026-06-30
Mineral ResourceArea 3 Inferred1.7 Mt30.74% Al2O3, 0.83% K2O and 30.86% minus-20-micron fraction at 29% Al2O3 cutoffOthers2026-06-30
Tenements4
epm19081Granted1 sub-block · No expiry supplied
epm26837Granted33 sub-blocks · No expiry supplied
epm26903Granted4 sub-blocks · No expiry supplied
epm27427Granted12 sub-blocks · No expiry supplied