320

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

45 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[-] 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

320 points (96.0% liked)

Technology

59066 readers

4390 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS