Its an atrocity PQ is running a mining operation without previous experience. Time to relinquish power to someone who knows what they are doing.
I have seen those letters of intent from other companies. You're right, they really don't mean anything until a deal is signed and sealed.
However, it clearly shows that GHDC isn't solely into minerals but into diversifying their portfolio. I think it's a great move....now you wonder what is happening behind closed doors with SFMI ....scratching head.