CWE carnegie wave energy limited

Ann: Carnegie Acquires 100% of Energy Made Clean-CWE.AX, page-4

  1. 237 Posts.
    lightbulb Created with Sketch. 7
    I like this bit
    "The cash component is structured in three tranches, $1.6 million initially, $0.7 million against an EMC revenue target of $20 million for FY17 and $0.3 million against an EMC revenue target of $30 million for FY18."

    Based on this it means we have cash coming in or am I mistaken????
 
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