The agreement is non binding and for DNK's the financial and strategic impact depends on future uncertain events at this stage, it is all very early and just a preliminary framework for collaboration, and the JV is not yet operational. The success of the JV hinges on: Securing exploration licenses that meet Danakali’s criteria, (what are they and who is making the decisions as last I checked they still have no Geo), and then fulfilling the formalities required to register the JV Company in Saudi Arabia. All factors in my opinion significantly reduce any relatability to materiality.
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The agreement is non binding and for DNK's the financial and...
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