The agreement was reached as the company addresses its need for near-term fundraising and the restructuring of the company's balance sheet.

公司签订该协议的目的是：在短期内筹集资金，并调整公司的资产负债表。

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"We've been and looked at it and it appears to be in good condition so once we've got formal agreement with the owners - we have agreement in principle - then we can get the foundation designed and go off and get fundraising to see the project through, " said Mr Moss.

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