You said:
'we have the second best thing, an MOU for a years product'
So i assumed you weren't talking about:
'Letter of Intent with BASF'
Because: "The primary difference between the two is that a letter of intent is not binding, whereas a memorandum of understanding is considered binding and carries weight in a court of law"
Also, how much product do you expect LPD to produce this year without a plant? Quite misleading your statement, some would say. A LOI to take product that wont exist?
Perhaps it's you that needs to read the announcements....
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