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Re: Garbone post# 42807

Thursday, 12/14/2017 11:20:36 AM

Thursday, December 14, 2017 11:20:36 AM

Post# of 64360
Actually, revenue begins when contracts are signed and license fees are paid, which could be as early as Q1 2018. Full license fees are required before building can begin. I believe it is $1M per 1-MTPA plant, so we are just a couple of medium sized deals away from bringing in enough revenue to crack $1 pps in 2018 with royalties lagging a year behind.