Nicko, it's 5-6 months since RFP closed and all deals/partnerships etc... had to be in place.
The CAG releases confirm Exergen had those deals in place as per ASX disclosure rules.
Due to this I am hoping Exergen are successful in the last minute jostling for 4th place, if in fact there is any truth to that latest LV Express article.
Grants $22.5mill each if 4 selected and distributed equally??? Possibly differing sized grants for different applicants depending on demo costs etc. Perhaps it will come down to % of each project cost meaning most expensive gets most funding? Who knows? Shanghai in that case would get most.
It sounded like unsuccessful applicants will know very soon and successful applicants may not be announced for another 3-4 months.
Time will tell.
cheers B Rubes
MNM Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
