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Ann: Non-Binding MOU, page-16

  1. 2,998 Posts.
    lightbulb Created with Sketch. 624
    "It's only a non binding MOU."

    Agree, but..... there are non binding MOU's and there are non binding MOU's......

    A silly comment i know, but given all the fanfare around the announcement, resulting from Widodo's visit, and the fact that is was reference by the company in the recent 'Base Case' announcements, it's pretty clear to me that there is far more substance to this announcement that your 'typical' non binding MOU.

    It will be interesting to see how this particular MOU plays out, particularly the "..of up to $100mil investment..." by Indonesia, and whether this stimulates any further interest in this regard.

    It's certainly developing (albeit slower than we all want...) to be a 'good bus to be on'....wink.png

    GLTAH.
 
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