Well from what I can tell the top squad paid for matmor around 2010 for 4.5 million in cash equivalents and sales and given that the patent expires in 2020 I believe it's now worth slightly less than one share in ECT... unless of course it can be commercialised this week and make a few million tonnes of primary iron.
Ann: Corporate Strategy - Positive Cash Flow Inside 12 months, page-10
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