What posters on here say isn't what's important, it's what the company say.
DM was on record last year confirming the JDA with HGST is an extension of the initial one signed way back before backdoor the ASX listing. The prospectus confirmed:
4DS grants an option (License Option) to HGST to take a non‐exclusive license for HGST to use 4DS's technology for up to 20 years from exercise of the License Option. Whilst the quantum of the license fees is confidential, the fees payable are lower than the fees 4DS expects to be able to generate from licensing the technology to other parties if the technology can be successfully commercialised.
If HGST want to exercise their licensing option, they have to pay for it.
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