05-31-2015, 02:06 AM
I smiled hopefully at what you all have ventured on the definition of "roof". But on a slightly different note. I know that PNG argued for IP included and I think ultimately got in their 15-30℅ agreement. My take is they wanted downstream $$ if Nautilus becomes a purveyor of their seabed mining processes etc instead of continuing as an an actual mining company after proof of concept in PNGs waters. I do not believe PNG wanted it so they could use it to "do their own thing".
On the other hand, China is known for (shall we say) " lifting" IP from businesses and ignoring the restrictions that IP grants. Will Fijian Mawei not be granted a really close look at that proprietary information as they build and integrate the PSV? And are they not also actively pursuing their own ability to successfully mine the lucrative seabeds of the world?
If these premises are correct, how does Nautilus keep their proprietary information safe? Or are all of the projections I saw on the last thread only assuming that Nautilus can bring up a lot of ore and secure a huge dowstream pipeline of mining sites before the next market entrant (who may have used Nautilus IP to fast track into the market) becomes competition? They negotiated long and hard with PNG to not give up access to the IP (delaying our first ore rewards significantly). So they must prize that information.
But how to keep the Chinese from just duplicating the PSV and ordering the mining equipment from the same suppliers who also collaborated and used the Nautilus IP to build the sea floor equiment, riser equipment etc? Use it themselves or sell to the highest bidder.
Am I being too paranoid here? International IP protections must be way more complicated than my pea sized brain can contemplate, especially in midnight ruminations (after a vodka or two). Any enlightenment would be welcome. I have 6 digit skin in the game at an averaged down $0.56. So believe me - I want the numbers you all floated to be real.
On the other hand, China is known for (shall we say) " lifting" IP from businesses and ignoring the restrictions that IP grants. Will Fijian Mawei not be granted a really close look at that proprietary information as they build and integrate the PSV? And are they not also actively pursuing their own ability to successfully mine the lucrative seabeds of the world?
If these premises are correct, how does Nautilus keep their proprietary information safe? Or are all of the projections I saw on the last thread only assuming that Nautilus can bring up a lot of ore and secure a huge dowstream pipeline of mining sites before the next market entrant (who may have used Nautilus IP to fast track into the market) becomes competition? They negotiated long and hard with PNG to not give up access to the IP (delaying our first ore rewards significantly). So they must prize that information.
But how to keep the Chinese from just duplicating the PSV and ordering the mining equipment from the same suppliers who also collaborated and used the Nautilus IP to build the sea floor equiment, riser equipment etc? Use it themselves or sell to the highest bidder.
Am I being too paranoid here? International IP protections must be way more complicated than my pea sized brain can contemplate, especially in midnight ruminations (after a vodka or two). Any enlightenment would be welcome. I have 6 digit skin in the game at an averaged down $0.56. So believe me - I want the numbers you all floated to be real.
