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15.8% 1.6¢ coretrack limited

Here is the information regarding what CORETRACK actually owns...

  1. malmanu
    16,296 Posts.
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    15/04/10
    18:50
    Post #: 6579214
    Here is the information regarding what CORETRACK actually owns with regarding GLOBE DRILL. I thought they owned the company but its only a licence.

    The STRANGE family trust grants coretrack an exclusive licence to use the IP for the manufacture of its products and the provision of its services.

    Minimum performance obligations include the manufacture and commisioning of 2 rigs per year after the successful commisioning of the current rig being built , failure to do so may terminate the licence.


    http://www.asx.com.au/asxpdf/20100118/pdf/31n6ksc0wzpcfy.pdf
    CKK Price at posting: 26.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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