FEED Study, page-34

GCP13,
I'm full aware of that. Question is, was the shortcoming/lack of a FEED study the reason for nothing more but an MOU from the Chinese re the P&R infrastructure and that SDL now realised that the FEED is a pre-requisite if Chinese would even consider showing any further interest. Importantly SDL reserved themselves the right to start the process afresh (for the mine Infra part of project) if FLUOR's price is not acceptable - WHY??? Because SDL is aware that China is in the lurch? And if the FEED is in, something more than an MOU, at (so it seems) a more competitive price will surface from Chinese quarters. SDL did not want to commit to an open and shut tender re Mine project with Fluor. - otherwise they would not have included the "get-out" provision/wording.