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9.09% 2.0¢ strategic energy resources limited

Hi Raider - CLQ only forecast $613,000 spend for Q4 on R&D - and...

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  1. tinstuff11
    2,638 Posts.
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    29/10/18
    20:55
    Post #: 36304683
    Hi Raider - CLQ only forecast $613,000 spend for Q4 on R&D - and this includes all of biz.
    The 25% that Ionic have to stump up with will not be much @ all for Q4
    Perhaps a larger spend in Q1 2019 once the JV established and gearing up for Commercial sales.

    The JV may have to pay Ionic [and Monash Uni] for the sub license though
    SER Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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