" dont see much point in securing this sort of 'agreement' given it commits neither party to anything, especially when the announcement says they hope to have binding agreements within 30 days. "
I dont want to assume the mantle of a downramper but I believe Tony has also been a supporter and shareholder of CDU ? who coincidentally also have a non binding MOU with sinosteel ?
I also question the announcement of " non binding MOU,s " it doesn't seem to have done the CDU s/p a lot of good ?
Either you have a deal or you don't ? a non binding MOU is nothing more than an written handshake ?
Hope it plays out o,k for holders !
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