IVZ 2.56% 8.0¢ invictus energy ltd

Roch2077 stated:"They just signed a 1.4-2 billion dollar offtake...

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    Roch2077 stated:

    "They just signed a 1.4-2 billion dollar offtake agreement"

    They actualy reported signing a Memorandum Of Understanding (MOU).

    https://hotcopper.com.au/data/attachments/5846/5846720-6d158f8fa2e0cbcf639ba2fd9c100997.jpg
    Wikipedia notes:

    "A memorandum of understanding (MoU) is a type of agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used either in cases where parties do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement."


 
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