MB funding the plant and the next one (;Hub) as part of a proving up of tech exercise so probably only contractor margin so say about 5 to 10% of contract value say 5 or $10m, this from memory on past Ann’s. Once proven the intention is there’s a license fee I think on subsequent plants and or perhaps these early ones after a certain date, this is more a massive joint R&D exercise between the parties is how I think it works but a very significant step forward, read past Ann’s for info, Loop.
NMT Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
