A few people have mentioned the Finance MOU as the likely next catalyst for a lift in the SP today, including part of the catalyst to get to 30c
Now my understanding, expectation of an MOU may well differ from some here on what this is likely to involve.
As a general rule they are the first step towards an official contract, often non binding. Pretty much a step above a handshake agreement to work together on pulling together a deal.
Plenty out there to look at.
They stated MOU for a reason.
Im not anticipating a finance deal to be announced with it.
Be interested to know others opinion.
Note: If the numbers on the 5b stack up I don’t believe a CR will happen in the near future.
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