It's like this rokkett, when starting a new business you have to price low to get things selling. $4 million for Cornish Lithium to get started with Lepidico.
No royalties for 15 years.
The next licence agreement I think will be priced a lot more than $4 million and will mostly have royalties each year.
How does that sound to you?
I did exactly that when starting a new business. Priced low at first.
Ann: L-Max/LOH-Max Licensee Secures Demonstration Plant Finance, page-8
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LPD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $7.468K | 3.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 168 | 195684971 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 118281350 | 55 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LPD (ASX) Chart |