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Nente co June 2012 Q1(iii)

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

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August 21, 2018 at 4:06 pm #468747
Ng
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Hi John,
Isn’t the rights to follow on product an option to expand instead of delay?
Please help me clarify this. Thanks
August 21, 2018 at 4:48 pm #468764
John Moffat
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Not in this case – no.
The option allows them to delay producing the follow-on product rather than starting to produce it now. As a result they can develop a small prototype.
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