BRU 2.99% 6.5¢ buru energy limited

LOI is not a legally binding agreement. It is just as it says ,...

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  1. 5,218 Posts.
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    LOI is not a legally binding agreement. It is just as it says , an intent. The rig will not be mobilised until a contract is signed and usually the mobilisation fee paid .
    Maybe Tom is waiting for Sabre to pay their first cash call , or maybe some other matter.
    An update about now would be enlightening and prevent further speculation .
 
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