Did I read this correct? It’s an MOU. And currently they only have the opportunity to do a feasibility report to prove Titomic has the product that works etc.... And Titomic will do this feasibility test for free. No money gets paid unless TAUV wants exclusivity with Titomic, after, they’ve seen the feasibility report!
They’d wanna be really comfortable that this is gonna get over the line or they’ve just overhyped this announcement by a country mile.
How many times did they mention $1.8 million? And how many billion dollars industries did they need to mention?
Ann: Titomic Signs $1.8 Million Defence MoU with TAUV, page-9
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