Ann: Sinopec & NCF sign term sheet to commercialise in China-GER.AX, page-14

I disagree re the point about China connection
This is not some Chinese factory somewhere in Rural Wuhan.

This is $8.5bn capped Sinopec, Chinese petroleum sitting there deep down in the Fortune Global 500 with the world's largest companies, and $447bn USD in revenue.


GER a drop in the ocean for Sinopec. Sinopec would not in my opinion allow its reputation to be tarnished over some copyright thing with a $20m capped company. Sinopec's daily stock traded would eclipse GER's market cap, If need be GER can be a small and insignificant acquisition for Sinopec.

news is massive, market is confused but in my opinion GER will reveal the terms of the agreement sooner or later.

as I said, absolute game changing news, just not the right market environment to release it.
Nevertheless, sleep is temporary, this thing will wake up and wake up something big in my opinion.