General comments/chat, page-44002

Actually if you look at the detail they are agreeing to try and do what we have done and taken ages to do.

The JV Entity post formation will:
a. Prepare and test a range of GPC formulations to meet concrete strength
requirements of nominally 10, 20, 30 and 40 MPa, and determine maximum
strength attainable;
b. Characterise and assess applications/products that can utilise the different
GPC strength formulations;
c. Test and demonstrate suitability of different GPC formulations for different
applications/products; and
d. Assess cost and performance of different GPC applications/products to
determine preferred route for commercialisation.


There is also some warts on it


Suvo, CTC and PERMAcast will each use their best endeavors to achieve all of the
following within 30 days from the Commencement Date:
a. negotiate the terms for a shareholders agreement for the JV Entity;
b. following the execution of the shareholders agreement, incorporate the JV
Entity;
c. assign any project IP into the JV Entity once its incorporated;
d. assign the benefit of the licenses granted to them to the JV Entity (including a
sublicence of the Murdoch University Technology) once its incorporated; and
e. Suvo agrees to assign any intellectual property rights in any improvements
made to the Murdoch University Technology by the JV Entity that would
otherwise be owned by Suvo to the JV Entity.

Just in my opinion of course I could be as usual wrong