Hydrogen News, page-93

“We’ve said that we will consider both business models as we go forward – owner-operator and licencing, or a combination of the two,

Owner operator = expensive, but very achievable when revenue starts rolling in..

Licensing - outside of MIN someone would have to stump up the cash to build their own plant.. or take a stake in the company. Either way would involve dilution or a watering down of the agreement.. guaranteed this is what has happened with MIN.

Remember the MIN deal that was going to be released when the FEED study was complete?? We still now with the PTR being commissioned, don’t know the terms of the agreement with MIN..

I still don’t know how they are going to pull of the funding to build this demo plant by years end, and am still on the path of the cap raise.. but to who?