Tthis JV demonstrates that the technology is proven. Herbert (H) is pursuing the right business model, and JV's are a critical part. There is no way TTT can build an organisation to have all the skills and infrastructure to handle the opportunities by themselves. Joining with people who are already providing an existing clientele with necessary services, which can be supplemented with TTT's offerings, provides further opportunity to develop and demonstrate the usefulness of the TTT product. I am amazed that such big experienced companies like Neos would even consider a Joint Venture - and give up a significant percentage of the revenue. Sooner or later this technology will become essential to the running of manufacturing operations and TTT needs to stitch up as many JV's as possible before companies just buy and operate the machines themselves.
H is delivering... It is astounding the share price hasn't jumped 10c since the announcement.
Nobody likes to wait for the return on investment.... not even 12 months.
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