RE: HARL major refurbishment RNS31 Jul 2023 07:48
A very important point that may have been missed by those saying that the RNS is vague.
"Apart from the initial sum, this LoI is non-binding and will be subject to execution of a formal contract that is expected within 2-3 months."
So, the £5 million is non returnable. No one signs a letter of intent , without true intent and hands over £5 million. Its in the bag.