I think the market will see through this very quickly. MOUs aren't worth a jot and Noble have their own issues. I hope there is a plan B.
It's the regulation process I have issues with. It's been six months now (about?) since a consultant was hired to expedite (haha) the monetising of the stockpiles. So far all we have as a MOU and no news on approvals.
Just not good enough.
Ann: MOU with Noble Group to Facilitate Monetising Stockpiles, page-5
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