I will stick with high teens like your prior post calculating 18% though at 20% its not like we are far apart
Yeah I missed the "slightly more" part on the first go around. We're close enough. ; )
On FoB's 3-6 this is the line (from the 8-k) that makes me think 30%+ (lower) royalties
Quote: -------------------------------------------------------------------------------- If the profit share is elected, the royalties payable would be reduced by up to nearly half.
Nice find. I completely overlooked that even though I bolded it. So, that taken together, would seem to suggest max profit share for MNTA on FoBs 3-6 of about 40% I assume (30% on the profit share plus about 10% if we are to halve my max royalty estimate of 20%). Even better financial terms for them than I originally thought.
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