RE:RE:An update on NRSunvalley wrote: I fully agree eldreco. Fantastic news and fantistic deal made by the Company. Out of this world tax breaks and Government support at the ready for equipment purchases , employment subsidies and education/training .Drastic cost savings both short and long term built in and to top it off a 50 year lease deal locked in. What is there not to like. I cant say enough about the Management of this Company. To have a junior startup like this qualify for such generous benefits tells you a lot about what the Korean Government thinks of NBM,s future.
Thanks Sunvalley!
The more times that I read that NR, line by line, the more that I understood why the powers that be at NBM felt that they must halt it. Every line - outlining the concessions etc. - had to becrystal clear...so, no doubt the company lawyers (and those of the government) were fact-checking!
And you are absolutely correct in your thoughts that all this has been put in place for a "junior start-up". Congrats to Spencer and Team!
el d