fifty million contract, page-29

‘Interesting’ in an uneasy way:

1. TC owns 16% of Soil Sub
2. TC is Soil Sub’s only client
3. TC already had an understanding with Soil Sub – the $30 million exclusive licensing agreement was in place before the March (planting min 400 000 hectares with a tree producing a nut subsequently used to make biodiesel)
4. Effectively, no *new* contracts since the float.

I’m slightly puzzled as to why they would start with China and then the Middle East. Why not market the product here in Australia? If the research is correct, then they have a great quality water-retentive soil substitute product on their hands that would fly here.