JRV 14.3% 1.2¢ jervois global limited

I should have added that the peculiar thing about the MOU at...

  1. 95 Posts.
    I should have added that the peculiar thing about the MOU at least at this stage is that the chinese have not had to do anything in return for their exclusive right to negotiate...not the slightest bit of hurt money...JRV even paid some intermediary to go and see them.

    On the old adage that advice is worth what you pay for it (ie advice given for nothing is often worth just that...nothing), an MOU which is all one way (ie JRV gives Guang Ye an exclusive right to negotiate for 6 months and Guang Ye gives nothing in return (except a few motherhood statements)) might be worth what Guang Ye paid for it.

    ....if they have made no financial commitment whatever then how committed are they likely to be ...or to put it another why why wouldn't you sign an option agreement if it costs you nothing and obliges you to do even less.
 
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