Yep2 Oct 2018 12:59
Lovely
Martin Rosser, CEO, said: "We are delighted with the excellent news and swift progress made by our partners Proses and greatly appreciate their hard work and efforts to reach this exciting milestone. We very much look forward to working together on the next stages."
Alexander would receive a gross sales revenue royalty on the value of the SISP product produced using its technology. Subject to the results of the SISP, Alexander would negotiate with the project owners a technology licence agreement ("TLA"). The TLA would be on Alexander's standard commercial terms and should include a gross sales revenue royalty on all commercial scale metal or high value-added processing plant product.