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Lithium discovery in US volcano could be biggest deposit ever found (www.chemistryworld.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Lithium discovery in US volcano could be biggest deposit ever found::Find could point to new ways to prospect for material in high demand for batteries.

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[-] SoylentBlake@lemm.ee 2 points 1 year ago

I'm not advocating this just making a point.

They could have 30% ownership and still receive 70% of the income. It's all in the contract. In this case, regardless of the financials, it would mean that they only have 30% of the power on decision making, and that's if that's left up to ownership, in any capacity. Maybe they only have 30% of the votes for the C-suite and after that owners are boxed out.

There are so many different ways to set up a company. Who knows.

this post was submitted on 11 Sep 2023

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