Reading thru the Asphalt License Agreement, it's posted on Edgar.
I am reading between the lines, but it looks like Sonor will be allowed to spend up to $100,000,000 usd per year on field development. Wadsworth will have to come up with some interesting financing to come anywhere close to that amount. Nice to see the huge up side.
It also states Sonoro is required to construct a topping facility capable of producing an undisclosed amount of asphalts. Wish they hadn't blacked out the details, you know the company would be looking to maximize their ROI, it would give us an idea on the min amount of asphalts we could expect to be processing within the next 18 months.
In the end, all references to production targets are blocked out as, "technical information", "commercially sensitive info" or "preamble info"
Do your dd.
Good luck to all
News 
Market Data 
Discover 
AI
