You have read it correctly Raiizo
This arrangement was explained fairly clearly in the initial Pandora announcement in December. IMO CMT has already added significant value to the lease by demonstrating a pathway to commercialisation along with some robust looking financial projections. $1m per % point is basically what Kina paid for the 5% cott sold them last year
BDM Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
