Just a shame they did not release the royaly rate figure in today's release.
Market reaction is subdued because its hard for investors to know just what the implications are for HZR. But I don't care. They are well funded, somebody else will pay for the and construction of the plant and there is at least 10,000 tons of graphite on the table over the next 18 months ( @$8000 + a ton ) and around 3,333 tons of hydrogen and it's now legally binding.
Hazer keeps all the IP of the process. This agreement is just with just one company. Once the plant design is up and running similar deals could be up and running all over the world.
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(20min delay)