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TNG have some of the TIVAN IPSMS have some of the TIVAN IPIf TNG...

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    TNG have some of the TIVAN IP
    SMS have some of the TIVAN IP

    If TNG find a customer & contract to build a plant they can
    a) use all of SMS equipment & not pay a royalty
    b) use someone else's gear & pay a negotiated royalty

    If SMS find a customer & contract to build a plant they can
    a) use TNG's IP subject to paying TNG a royalty

    If either party further develops IP related to TIVAN they'll tell the other party.

    The way TNG has structured their affairs, IMO at least, is a pretty good example of consensus building.

    Which includes multi-country stakeholders & partners
    SMS - Germany
    Woojin - South Korea
    Sumitomo - Japan
    Ao Su - China
    Vimson - India
    CAT - USA
    BBI - NZ
    Eynewantheyne Aboriginal Corporation - Australia
    Sanlam - South Africa (honorable mention as they have supported many capital raises. I'd have preferred they also have sought funds elsewhere, but Sanlam have been there all the way through for TNG)

    Last edited by Propunter2: 27/05/19
 
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