already said it was a good deal as far as research and devlopment deals go. It may come of something of substance and it may be worth nothing in the end.
Byron Capital in their latest update say the following and I agree with them:
While we currently do not give any value to the technology being developed between Graphoid, Focus and IREQ, we believe that IREQ is showing commitment and interest to Focus with the various projects initiatives. This all can lead to high value, high margin technological upside that we cannot yet value, but it remains a blue sky for the company, above and beyond graphite mining and production.