Ann: BIOCHAR & GREEN PIG IRON JV AGREEMENT SIGNED IN MALAYSIA, page-24

My first question is, this is a binding agreement. There has been no binding agreement in last 13 years. Why is it not price sensitive?

Secondly, of most importance was around money, funds, etc.

The announcement says -

PARTNERSHIP TO SEE THE ESTABLISHMENT OF A VERTICALLY INTEGRATED BUSINESS
The JV Co is being established for the purposes of carrying out, amongst other things, the:
• installation of facilities for the trading, production and supply of biochar, iron ore and
green pig iron in Malaysia. The green pig iron will be produced via the use of the HIsmelt
technology that will smelt steel industry waste and iron ore with renewable biochar;
• trading and supply of iron ore, biochar and green pig iron;
• management of procurement contracts and sales and marketing; and
• technical advisory services

But how? No wonder its not price sensitive. The fluff of Mr Neil is going to the next level.
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Don't get me wrong, I want this to succeed. But I don't want innocent sheep to be fleeced again. I hope there is a clarification around the announcement soon, otherwise it does not carry any wait. People really concerned and interested should be looking for dollar figures. None were provided. None have been provided for last 13 years. We need an update.