ASM 7.38% 56.5¢ australian strategic materials limited

Ann: ASM TO ACQUIRE 95% OF ZIRONTECH, page-38

  1. 3,794 Posts.
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    I still don’t understand why the South Koreans gave it away so cheaply.

    how much royalty do they get?

    “grant existing Ziron Tech shareholders (via a holding entity) a Net Smelter Return of 5% from any global commercial metallisation facility established using the technology, subject to a 50% step-down of the royalty after payments of US$20m have been made.”
 
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