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Technology Stocks : SLH Corp. (SYNM) - From natural gas to crude oil
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To: John M who wrote (92)3/16/1998 10:17:00 AM
From: Tokyo VD  Read Replies (2) of 281
 
JM,

The economics were simple. Upfront royalties, then royalties for the next four years.

Nevertheless, you are waiting for partners to try the pilot plant and decide that they want to scale up with this technology. The capex in this environment isn't easily justifiable (look at BP).

Tokyo
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