CCS Mou RNS May 202421 Jun 2025 12:59
("MoU") with JSC Rustavi Azot, a subsidiary of Indorama Corporation Pte Ltd ("Rustavi Azot"), one of Asia's leading chemical companies, to develop the Carbon Capture and Storage ("CCS") opportunity identified within Block's Patardzeuli-Samgori Middle Eocene reservoir. The MoU is non-exclusive, and has a duration of 1 year from 7 May 2024, extendable by mutual agreement.
Did Paul/Bloc extention of Mou after one year or business relationship failed and nothing to continue?
Market is entitled to know!
This is what makes a trustworthy CEO