Friday, February 25, 2022 2:46:14 PM
"So essentially we started working with customers to bring our technology down to South America and set it up on their mine sites. But each of these customers wanted exclusivity. They wanted a piece of our IP or royalties. And so we basically said no to all that. We rented our own spot in a refining town. It's this little town called La Negra.
And we're setting up our pilot unit there, which is a 40 foot Sea container. It's enormous. And we're having six different customers, truck brine to us. So we can process it, write up reports, give them the products, we get then all sorts of data from six different salars. And we don't have to give up exclusivity or anything else. The only bad part was that we had to pay for it ourselves, so. But to me it was worth it because the security of not giving up our IP and not making a bad business decision about exclusivity when we're so young was worth the cost."
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