Mapreader,
Great find as always.
One comment from the annual report worth highlighting was:
"CFCL is also receiving interest from markets which it currently cannot service and is looking at the potential of entering into supply and new product development arrangements in those markets. The Company is currently close to being a "single product" Company and having the capital and demand to research other SOFC products is essential for the Company's growth.
This plays into my theory that we should licence our tech to a Japanese company to get some CASH, but also some production volume through and let them do the hard yards in the Japanese market.
The single product also implies that the inquiries about their tech may be from someone who wants to explore Fuel Cells of different sizes....
For example, see the licensing deal Ballard did below:
Ballard licence tech to China for $11m a year (minimum!)
The expected value of the contract to Ballard over the initial 12-months of the first phase will be approximately $11 million, related to the license for module assembly together with associated equipment and services. If Azure’s China bus program progresses as planned, the contract will generate value beyond the $11 million license revenue, commensurate with the volume of fuel cell stacks to be ordered.
http://www.chfca.ca/resources/chfca-blog/
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Mapreader, Great find as always. One comment from the annual...
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