Again, a MoU is worth the paper it is written on as long as...

Again, a MoU is worth the paper it is written on as long as there are no contracts. Remember the 20MW power station agreement ? In September 2010 CNX announced that Arcadia will buy the power station when CNX receives the mining license, nowadays CNX informed that Arcadia has only an option to buy the 20MW power station. What a difference ! What happened with the Liberty Resouces project ? Yes, Adani is a good prospect but there is a lot of capex & dillution necessary to go ahead on the international stage. I still miss some reliable figures about turnover, costs, profits, cf ... for the BWC project. The transition from a technology oriented concept company to a commercial ucg business is not a walk in the park.