Sintra
ACCESS: Confidential
- Joined
- 7 April 2008
- Messages
- 126
- Reaction score
- 383
Left of LOI.In actual contractual terms where were they in the process*? Source selection? Formal LOI to GOTUS, approved FMS case? Signed Contract? If it is left of LOI, they were effectively just getting started so hardly a 'cancellation'. Any process that's left of that can be walked backwards and re-started at a future date if things change.
*In other words, what was the probability of a signed contract in 2 years? 5 years?
Chances of signed contract in 2 years, slightly better (but just slightly...) than a signed contract with Iran. In 5 years, possible but i wouldnt make a bet on it.