why are some surprised.
the mou with vinacomin is an extension of the mou announced on 6 august with vinacomin and marubeni regarding the red river delta and matches the investment made by marubeni.
the difference is that not only will vinacomin match the $5 million investment made by marubeni (9/10/07), they will pay linc a $5 million consultancy fee.
so people needn't think of it as a fund raising. it's a business transaction.
with approx $25 million in the bank there wont be a fund raising in the current climate anytime soon (maybe august/september)......so buy on market if ya want more!
cheers
5 mil injection, page-5
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