Ann: Urea Manufacturing Facility Binding Heads of Agreement, page-211

the partner is responsible for funding in a turn key solution to deliver the project.

how is this going to look assuming they agree?

partner raises capital and pays for feasibility and development.

lck gives 49% control to new jv partner.
lck receives 50% of profit from urea offtake and jv partner 50% percent
hydrogen is also 50/50 split.

either way. lck assets are going to be Brought to market wholly by third party and I would be happy if we have 25% of profits for no risk or expense. even that would be a good deal