WOA 10.0% 0.9¢ wide open agriculture ltd

Ann: WOA enters plant-based protein market, page-2

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  1. 115 Posts.
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    yeah boy! this is what i like to see.

    although the royalties to Curtin seem pretty steep.

    "ey agreed commercial terms for inclusion in Full Licence Agreement include Royalties payable by WOA to Curtin on the basis of:
    (a) Production - a Royalty rate of $120 per tonne of
    lupin protein isolate produced by WOA;

    (b) High sales value - a Royalty of 12.5% of sales revenue generated in excess of $6,000 / tonne of lupin protein isolate; and

    (c) Sublicence
    revenues - a Royalty of 12.5% of revenue derived from sub-licences"
 
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