Burcon NutraScience Corp (BRCNF)

[chipboarder]

So Burcon is a 33.3% owner in Merit and Bunge is 25% with an option to purchase the whole thing at some point in the future. Stock price projections out 12 months go as high a $4.25 CAD which is positive. Bunge is a supplier AND a customer so I would expect them to purchase Merit sooner rather than later...but certainly only after the plant has been operational (smoothly) for some period of time.

Question is...if Bunge exercises the purchase option, is Burcon part of the deal? Or will they continue to exist and if they do, will the royalty stream remain intact?