1) Unfortunately for you, ASX:MAY is turning into a mature company and won't throw around MOU's unless they actually mean it in my opinion, we simply don't have time for it. The ASX:IVZ MOU is laughable, considering i) time it will take to production ii) $/GJ iii) it says "up to" which means it is far less than the 1.4Tcf that the director claims the MOU could be for. iv) they stated they will need to conduct a feasibility study [which is a bit of a joke considering there is no flow test yet lol... you can't do one without it, because you need to know how much you can produce first], yet they said they have 12month exclusivity (completely redundant considering it will take longer than that to do the feasibility lol)... In other words, the MOU is a joke. v) the power plant isn't even built yet? That is 5-10years lol... read it lol:
source: 18/12/2023 8:49 am Gas Sales MOU Signed for 500MW Gas to Power Project https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02755017-6A1186865
"12 months later not a dollar sold" (71696962) lol... remember how 12months ago you said they were starting to appraise in 2weeks time? Well, your lie ended up being way off, instead they didn't start for another 3months+, they only just finished their appraisals a few months ago lol. It will come, have patience.
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