NRZ 33.3% 0.6¢ neurizer ltd

Ann: LCK Signs Heads of Agreement to Commence ISG in China, page-2

  1. 25 Posts.
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    legal definition of a head of agreement:

    "A set of heads of agreement, heads of terms or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership or other agreement."

    the market could read this one of two ways;

    firstly a non binding agreement between LCK and CNE to fund a JV
    secondly the bears out there could just see this as more fluff.

    I prefer the former and is certainly a step in the right direction for the company. Lets see how the market reacts

    GLTAH and most importantly DYOR
 
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