Towie, it was a letter of intent this same letter was also announced on the 19-Sep-2003 'To acquire Merlin Diamond Tenements' except with some differences, the difference being Rio Tinto and Tenements. Nevertheless, the letter of intent is exactly that, it did not suggest the deal was completed only the intent was outlined and proposed.
Investors we're waiting on news if the deal with Ashton was to proceed after signing an agreement with a letter of intent to purchase. Therefore, the purchase is finally to be completed and the Merlin Diamond Minw will be theirs !
Cheers..
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SKR
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Towie, it was a letter of intent this same letter was also...
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