My take on the $300mil is this is current cost to industry + revenue from recovered products, rather than Parkway turnover from their IP being deployed. So if turnover for the treatment was 100% of this and we are otherwise looking at 10%, then 5% + upfront is $15 X 3-5 (under those calcs), so $45-$75 Mil. I also like this as it would well capitalise Parkway for other endeavours, whilst not giving away all revenue streams.
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