MWX/ETI Relationship for miningI called last week and asked Rick G. to explain this relationship for the mining side.
He said there are only about 15 majors in the world and the rest are small to mid-size companies. I think he said over 95% of the mining companies out there are small to mid-size.
He specifically said MWX will go after the small to mid-size companies and they will have 100%. He said they will also go for some kind of royalty through ETI on the majors - as they don't want to get revenue only from building the circuit plants.
Don't take my word for it, call the company for confirmation - they said they are happy to take shareholder calls.