This deal is not over.
"findings reveal that problems in negotiating with China also exist after formal negotiations"
"Negotiation with China almost always extends to the post-negotiation stage"
"Generally speaking the Chinese honor their contract"
These quotes are from an academic paper.
CRG/Jiaming could not/would not sign by the due date.
This is the usual pattern of Chinese negotiations.
JRV had no choice but to release this info to ASX.
Just my .09c worth.
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