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Q&A with ECT, page-4

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    Potential revenue?
    Q: Royalties? Is it still $5 (per tonne).
    A: It is not always in the company’s interest to disclose publicly all details of our pricing. Sufficed to say, these will become evident very shortly. The $5 per tonne reference was related to Coldry and something expressed prior to 2012. The integration of both Coldry and Matmor (as we have with the Indian project) necessitates a different approach to both quantum and structure.
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