What do people make of the following from the announcement?:
MEI and NRZ propose to enter into a JV to develop ISG at the first 2 chosen sites. The percentage of
ownership and participation in that joint venture will be finalised following the completion of services in
relation to site suitability
Not only is it $25million US per license but also a JV with percentage of ownership following completion of services.
I would assume then that this is potentially even more revenue for NRZ....which is even more exciting.
What a fantastic partnership and deal that was sealed.
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