Ok great, thanks for the info. IMO the MOU may end up being the most valuable asset. With contracts in place a company can leverage themselves against any technology risk. With the likes of the Hazer process (which will be licenced) perhaps being able to produce the product at a substantial discount to the cost of mining. In this case VRC will have the flexibility to purchase a licence and lower the production costs with a set sales price perhaps substantially increasing the profit on any signed offtake.
A New Week, page-7
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