An comment of a user from the german stock board.
With regard to the contract details, you can speak of a very good deal - from the point of view of YAG. Either they get their money back with a decent return after six years, or they keep a 49% stake in the project with a $ 10,000 symbolic additional payment. It's not hard to imagine under what conditions YAG would pull this option. For Altech, this means that if the HPA project generates an attractive return, it will probably only retain 51% in the end. If it does not work as expected, ATC would have to make a substantial repayment to YAG under much more difficult conditions. The whole thing ultimately has the character of a convertible bond.
https://www.wallstreet-online.de/diskussion/1241502-1851-1860/altech-chemicals-atc-npv-357-5m-usd-boersenwert-30m-aud#neuster_beitrag
Ann: Altech - Launch of German Project Equity Strategy, page-57
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