the letter of intent where I come from is usually only a stop gap to get something started until a binding agreement can be executed in the near future. I have formed an opinion in my mind about the success of both the Macquarie partner deal and the debt solution. it is an exciting time to be a holder, especially after also 8 years in my case, hehehe
Ann: Letter of Intent with Hitachi executed for Mining Fleet, page-22
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