This was the slide from the April presentation. It is notable that the BASF option for exclusivity is limited to Australia. As the terms for progress was said to have been agreed, one likely reason for BASF not proceeding could be that BASF HO thought that they are being asked to carry too much of the commercialisation risk given the limited exclusivity and the prospect of competition in global markets. It will be interesting to see how quickly management can pivot this. They should have been working on leads for the rest of the world.
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This was the slide from the April presentation. It is notable...
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