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

Narrative and provenance

Research & Sources

AI Analyst Report

The full analyst report, its figures and the broker-style PDF are available to subscribers and invited guests.

Sign in or enter a guest code
Chronological evidenceSource-document inventory13 documents
ZEO ASX ordinary-share close on 25 September 2026Market Data · HighExtracted

Latest eligible local close from the repository market-price database for one ASX ZEO ordinary share.

Document ID
zeo_market_2026_09_25
Published UTC
2026-09-25T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
Annual Report 2026Results · HighExtracted

FY2026 annual report, published after ASX close, confirms the financial position, executive roster, royalty, current resources, commercial arrangements and post-balance-date developments.

Document ID
zeo_annual_2026_09_21
Published UTC
2026-09-21T09:19:00Z
Projects
toondoon_auspozz · abercorn_kaolin
Commodities
others
Open original source ↗
Quarterly Activities and Appendix 5B Cash Flow ReportOperations · HighExtracted

June-quarter report records drilling, approvals, commercial-scale trial feedstock, DSO logistics, methane field results, cash and runway.

Document ID
zeo_quarter_2026_07_24
Published UTC
2026-07-23T23:21:50Z
Projects
toondoon_auspozz · abercorn_kaolin
Commodities
others
Open original source ↗
Noosa Mining Conference PresentationPresentation · MediumExtracted

Issuer presentation restates the PFS, DSO offtake and current development pathway while identifying funding and dilution caveats.

Document ID
zeo_presentation_2026_07_22
Published UTC
2026-07-21T23:22:57Z
Projects
toondoon_auspozz
Commodities
others
Open original source ↗
Quarterly Activities and Appendix 5B Cash Flow ReportOperations · HighExtracted

March-quarter report records mine-access approvals, prepared DSO samples, detailed mine planning and cash consumption.

Document ID
zeo_quarter_2026_04_29
Published UTC
2026-04-28T23:04:57Z
Projects
toondoon_auspozz · abercorn_kaolin
Commodities
others
Open original source ↗
Half Yearly Report and AccountsResults · HighExtracted

Reviewed half-year accounts reconcile ordinary shares, options, performance rights, cash, liabilities and funding dependence at 31 December 2025.

Document ID
zeo_halfyear_2026_03_12
Published UTC
2026-03-11T22:28:03Z
Projects
toondoon_auspozz · abercorn_kaolin
Commodities
others
Open original source ↗
Quarterly Activities and Appendix 5B Cash Flow ReportOperations · HighExtracted

December-quarter report records approval/access work, test-pit production, AusPozz validation and the post-placement cash position.

Document ID
zeo_quarter_2026_01_29
Published UTC
2026-01-28T22:52:26Z
Projects
toondoon_auspozz · abercorn_kaolin
Commodities
others
Open original source ↗
Notification regarding unquoted securities - ZEOCorporate Action · HighExtracted

Appendix 3G records a new employee option class and the quoted and unquoted security snapshot on 23 December 2025.

Document ID
zeo_capital_2025_12_23
Published UTC
2025-12-23T08:22:45Z
Projects
—
Commodities
—
Open original source ↗
Quarterly Activities and Appendix 5B Cash Flow ReportOperations · HighExtracted

September-quarter report records the MSI binding DSO offtake, demonstration pour, capital raise and project readiness work.

Document ID
zeo_quarter_2025_10_28
Published UTC
2025-10-27T22:28:04Z
Projects
toondoon_auspozz · abercorn_kaolin
Commodities
others
Open original source ↗
Annual Report to shareholdersResults · HighExtracted

FY2025 accounts, tenement schedule and annual mineral-resource statement for Toondoon and Abercorn.

Document ID
zeo_annual_2025_09_30
Published UTC
2025-09-29T23:07:07Z
Projects
toondoon_auspozz · abercorn_kaolin
Commodities
others
Open original source ↗
Binding Offtake Agreement for DSO Kaolin Executed with MSIEconomic Arrangement · HighExtracted

Original issuer agreement announcement sets committed DSO volumes, market exclusivity, pricing renegotiation, conditionality, termination terms and FOB port basis.

Document ID
zeo_msi_offtake_2025_09_15
Published UTC
2025-09-14T23:09:00Z
Projects
toondoon_auspozz
Commodities
others
Open original source ↗
AusPozz Project Preliminary Feasibility StudyStudy · HighExtracted

The PFS defines a 20-year integrated DSO and AusPozz development case, resources, economics, risks and price/cost sensitivities.

Document ID
zeo_pfs_2025_06_24
Published UTC
2025-06-23T23:11:54Z
Projects
toondoon_auspozz
Commodities
others
Open original source ↗
QLD Govt Funding Secured for Metakaolin Feasibility StudyStudy · MediumExtracted

Queensland approved matched funding for Toondoon metakaolin feasibility and initial FEED work.

Document ID
zeo_grant_2024_11_19
Published UTC
2024-11-18T22:42:50Z
Projects
toondoon_auspozz
Commodities
others
Open original source ↗
Evidence facts92
grant.amountQueensland matched funding

145000 AUD

2024-11-19
grant.total_study_valueTotal funded study value

290000 AUD

2024-11-19
grant.leaseApproved mining lease

ML 80126 None

2024-11-19
pfs.npv8_after_taxAfter-tax NPV8

406000000 AUD

2025-06-24
pfs.irr_after_taxAfter-tax IRR

42 percent

2025-06-24
pfs.initial_capexInitial capital cost including contingency

114800000 AUD

2025-06-24
pfs.funding_requirementIndicative funding requirement including working capital

95000000 AUD

2025-06-24
pfs.lifeProject life

20 years

2025-06-24
pfs.auspozz_priceAusPozz weighted average sale price

403 AUD per dry tonne

2025-06-24
pfs.dso_priceDSO weighted average sale price

196 AUD per wet tonne

2025-06-24
pfs.discount_rateAfter-tax NPV discount rate

8 percent

2025-06-24
pfs.feed_resourceMeasured and Indicated feed supporting production target

10.87 Mt dry

2025-06-24
pfs.total_resourceTotal Toondoon Mineral Resource

20.36 Mt dry

2025-06-24
pfs.sales_sensitivity_minus30After-tax NPV at 30 percent lower sales price

158000000 AUD

2025-06-24
pfs.sales_sensitivity_plus30After-tax NPV at 30 percent higher sales price

868000000 AUD

2025-06-24
msi.volumeFive-year minimum committed DSO products

950000 tonnes

2025-09-15
msi.valueIndicative five-year value at year-one pricing

204000000 AUD

2025-09-15
msi.price_renegotiatePricing from year two

annual negotiation None

2025-09-15
msi.conditionSales, purchase and delivery conditions

financial close and all commercial mining approvals None

2025-09-15
msi.exclusivityExclusive marketing geography

China including Taiwan and Hong Kong, South Korea, and Japan None

2025-09-15
msi.fobDelivery basis

FOB Port of Bundaberg None

2025-09-15
annual.cash_june2025Cash and cash equivalents

2349028 AUD

2025-06-30
annual.abercorn_indicatedAbercorn Railcut Indicated Resource

22.22 Mt

2025-06-30
annual.abercorn_inferredAbercorn Railcut Inferred Resource

15.23 Mt

2025-06-30
annual.abercorn_area3Abercorn Area 3 Inferred Resource

1.66 Mt

2025-06-30
annual.tenementsCompany tenements

EPM 19081, EPM 26837, EPM 26903, EPM 27427, ML 80126, EPM 27395 and EPM 27866, all 100 percent held None

2025-06-30
annual.no_buybackMarket buy-back

Nil None

2025-09-03
sepq.offtake_volumeMSI binding DSO offtake volume

950000 tonnes over five years

2025-09-15
sepq.offtake_valueMSI offtake stated value

204000000 AUD based on year-one pricing

2025-09-15
sepq.offtake_marginAverage net margin under MSI agreement

45 percent, greater than

2025-09-15
sepq.raiseCompleted placement

13000000 AUD before costs

2025-09-29
sepq.cashQuarter-end cash

2905000 AUD

2025-09-30
sepq.no_productionMining production

0 AUD production expenditure

2025-09-30
cap.ordinary_2.057bQuoted ordinary shares

2057320690 shares

2025-12-23
cap.rights_52.5mPerformance rights in Appendix 3G snapshot

52500000 rights

2025-12-23
cap.options_20mOptions exercisable at AUD 0.10 expiring 7 April 2028

20000000 options

2025-12-23
decq.cashQuarter-end cash

12317000 AUD

2025-12-31
decq.testpitKaolin produced in seven-day test-pit campaign

2300 tonnes, greater than

2025-12-18
decq.loan_repaidSecured R&D loan repaid

1000000 AUD

2025-10-31
decq.bg_strengthMaximum strength uplift observed in BG&E-reviewed trials

130 percent, greater than

2025-11-25
decq.dfs_milestonePlanned detailed mine planning and process-design work

Q1 2026 None

2025-12-31
half.cashCash and cash equivalents

12317663 AUD

2025-12-31
half.ordinaryOrdinary shares issued

2057320690 shares

2025-12-31
half.rights_92.5mPerformance rights outstanding

92500000 rights

2025-12-31
half.optionsOptions outstanding

20000000 options

2025-12-31
half.debtSecured borrowings

0 AUD

2025-12-31
half.leaseCurrent and non-current lease liabilities

208620 AUD

2025-12-31
half.going_concernAdditional funding may be required

True None

2025-12-31
marq.cashQuarter-end cash

10734000 AUD

2026-03-31
marq.samplesPrepared DSO and cosmetic kaolin for shipment

20 tonnes containerised

2026-03-31
marq.mineplanInitial DSO mine plan

Six-stage plan including a minimum 10,000 tonne trial shipment None

2026-04-28
marq.access_approvalMine access road variation

approved None

2026-03-31
marq.no_productionMining production

0 AUD production expenditure

2026-03-31
pres.resource_feedMeasured and Indicated kaolin supporting project life

10.9 Mt

2026-07-22
pres.offtakeBinding DSO offtake

200000000 AUD, greater than

2026-07-22
pres.market_capIssuer-stated market capitalisation

159000000 AUD

2026-07-22
pres.priceIssuer presentation share price

0.079 AUD per share

2026-07-22
pres.next_stepNext AusPozz study milestone

Engage primary engineering group to advance DFS None

2026-07-22
junq.cashQuarter-end cash

8498000 AUD

2026-06-30
junq.outgoingsQuarterly relevant outgoings

2161000 AUD

2026-06-30
junq.runwayEstimated funding runway

3.93 quarters

2026-06-30
junq.facilitiesUnused finance facilities

0 AUD

2026-06-30
junq.drillingToondoon drilling campaign

110 drillholes

2026-06-30
junq.trial_feedCommercial-scale AusPozz trial feedstock dispatched

800 tonnes approximately

2026-06-30
junq.ercEstimated Rehabilitation Cost application

approved None

2026-06-30
junq.accessOperational Works Development Application for private access driveway

approved None

2026-06-30
junq.clearingProtected Plants Clearing Permit

under active assessment None

2026-06-30
junq.offtake_extensionMSI offtake agreement extended to

2027-04-30 None

2026-06-30
junq.no_productionReceipts from customers

0 AUD

2026-06-30
annual26.cashCash and cash equivalents

8498081 AUD

2026-06-30
annual26.sharesOrdinary shares on issue

2057320690 shares

2026-06-30
annual26.rightsPerformance rights outstanding

92500000 rights

2026-06-30
annual26.optionsOptions outstanding

20000000 options

2026-06-30
annual26.leaseTotal lease liability

166559 AUD

2026-06-30
annual26.lossFY2026 loss after tax

-8146635 AUD

2026-06-30
annual26.operating_cashFY2026 net operating cash outflow

-5446071 AUD

2026-06-30
annual26.royaltyPrivate Toondoon royalty on minerals produced and sold

2 AUD per tonne

2026-06-30
annual26.commit_explorationExploration commitments

1227000 AUD

2026-06-30
annual26.commit_researchResearch commitments to Griffith University within one year

139796 AUD

2026-06-30
annual26.msi_extensionMSI offtake amended term date

2027-04-30 None

2026-06-30
annual26.vinciNonbinding VINCI Construction MOU signed

concrete trials and demonstrations None

2026-08-13
annual26.methaneLandfill methane reduction versus untreated cells

92 percent average

2026-08-25
annual26.portPermanent Port of Bundaberg bulk loading facility expected

2026-11 None

2026-09-21
annual26.rosterCurrent executive and company secretary roster

Peter Zardo; Shane Graham; James Marsh; Scott Burkhart; Tim Anderson; Anthony Spittle; Neville Bassett None

2026-09-21
annual26.resourcesToondoon and Abercorn Mineral Resources unchanged at annual review

current with no depletion None

2026-06-30
annual26.holcimHolcim MOU extended to

2027-03-01 None

2026-06-30
annual26.drillingFY2026 Toondoon drilling campaign

105 drillholes

2026-06-30
market.closeUnadjusted close

0.071 AUD per ordinary share

2026-09-25
market.volumeTrading volume

547233 shares

2026-09-25
market.highSession high

0.071 AUD per ordinary share

2026-09-25
market.lowSession low

0.068 AUD per ordinary share

2026-09-25
market.providerProvider

market data provider via miners.collect_stock_prices None

2026-09-25
Conflicts requiring judgment2
  • capital_structure.performance_rights

    The later reviewed half-year financial report was published in March 2026 and reports the 31 December 2025 closing balance; it supersedes the 23 December Appendix 3G snapshot.

  • toondoon.drillhole_count

    June-quarter release says 110 drillholes and the FY2026 chair letter says 105 for the completed campaign. Collar-level reconciliation is unavailable; the variance is not used in valuation.