GER 0.00% 5.4¢ greenearth energy limited

Ann: ISRAELI BREAKTHROUGH WITH CO2 TO FUEL TECHNO, page-91

  1. 3,178 Posts.
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    re: Ann: ISRAELI BREAKTHROUGH WITH CO2 TO FUE...
    Yes , imagine a few of these reactors slapped onto every major polluting power plant in the world. The way I read it is that GER get a 1% royalty on revenues.

    Also, by my reading I think that if the technology is as good as it looks like being according to GER's announcement and the title of this thread, GER's 50% interest in the JV will get bought out for $10 million (USD) and all that they will be left with along with their $10 million will be the royalty. Some of that $10 million has been prepaid - so I am not sure how much will be be due. Howver,at 10 cents per share GER has a market capitalisation of about $14.5 million (AUD)
 
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