KKO 1.35% 7.5¢ kinetiko energy ltd

Didn’t KKO and IDC have an agreement back in April 2022?...

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    Didn’t KKO and IDC have an agreement back in April 2022?
    https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYL4wa5yRD2v/xy8LFiGug=

    What happened to that and why should this non-binding term sheet be taken any more seriously?
 
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