Yeah you are right, I re-read the announcement.
MOUs typically are not binding, PT must have drafted the MOU carefully to ensure it is binding.
Even if it was not binding it does not solve the problem of co. coming up with some funding.
Does anyone know the rough cost of ADY oerations, if you exclude all RLL related activity? The RLL stuff appeared to be sucking up the funds - take that away and can ADY survive OK on IO revenue and on reduced costs related to IO only?
Yeah you are right, I re-read the announcement.MOUs typically...
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| ADY (ASX) Chart |