re: Ann: Alexium Completes License Deal with Duro
Note today the deal has been signed off with Alexium.
Unfortunately no numbers have been given but talk is of upfront and milestone payments aswell as roughly $1 per linear metre with very high margins.
This would mean we should get around $3.5 mill annually in profit on a 9 mill market cap.
Talk is more players are in the winds aswell and thats why numbers arent given as AJX wants to be able to get the best deals possible.
Bruck should be next.
this could be huge...deals with usa defence, page-40
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