<<"Texaco's proprietary gasification technology".
This sounds like there is not going to be a licensing agreement but rather a joint venture with Texaco >>
You hit it right on the nails head... it is Texaco that will go and license it out ... the marketing power,,that RNTK keeps talking about..
As for basing RNTK's price comp to the Indian ,,plant ,, please do not forget it was an experimental plant ,,first of it's size.. and has produced large quantity of liquid...
Further cobalt is far more expensive then iron,,the needed oxidation comes free in the form of rust... the process which is patented and owned only by RNTK,, cobalt ,, any Tom , Dick and Harry can use.. |
