Your prerogative; however I dare say that MB & GT would have well and truly done their DD before committing to any deal.
The fact is that GEV will be paying AUD2.7m equivalent in cash and shares up front with another 56.35m shares payable on share price based milestones at substantially higher levels than those we have today.
This deal is cracker for GEV.
I suppose Enbridge - SeaNG's largest shareholder and a USD65bn company; is also an uniformed investor.
@panorama, would you mind telling us what your background is so that we can assess your capabilities of analysing this technology?
I appreciate your cynicism but the fact is that GEV will sail with or without you on board.
Ann: Marine CNG Technology Acquisition & Capital Raising, page-11
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