Erasteel in Sweden purchased all of Crucible’s intellectual property, and they left the machinery and equipment sitting on the property in Syracuse. That plant is done. I can’t see anybody in their right mind wanting to buy what is left and putting it back to work. Like Bruce Springsteen said, “These jobs are going boys, and they ain’t coming back to your hometown”.
I hope that I get a royalty deal too, but that isn’t going to happen without a lot more work on my part to get these steel grades produced and used in the marketplace. Unless you have customers knocking on the steel manufacturer’s doors asking them to produce these grades, the steel producers will have zero interest in them.
I do like the idea of a bank account in the Cayman Islands. 