Whilst MOU's are a bit flaky - no commitment by either party, and no prices set, IMO there is one massive plus from this announcement:-
The project has been given tacit approval by the Chinese government - a large, chinese government controlled corporation has said 'we want to be involved in this' - that should allow other Chinese companies to become formally involved.
Hopefully the snowball has started to roll.
- Forums
- ASX - By Stock
- SDL
- mbalam project mou with china rail
mbalam project mou with china rail, page-23
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online