Sure they could bribe John too.But its like saying we want the...

Sure they could bribe John too.
But its like saying we want the cake but we dont want the cake because it makes us hungry.
Theres so many benifits to Shenghes involvement. A lot of these concerns are minor in comparison and they do have many ifs and buts.
If they do bribe John he cant do that much when it comes to take over. The shareholders still vote on if they wish to take the deal or not.
The basis of the MOU was published in the comapnies announcements.
The expense of drawing up an agreement isnt comparative to the degree of benifit the project gets from Shenghe being involved.
Yes it would be nice to have a US financer or holder step in. But they dont have the ability to take on a full off take deal which is what GGG also needs as it keeps the money flowing in.