Ann: Karara Funding Update , page-16

Its in Ansteels best interest to have a local JV partner. A local partner knows the rules, written and unwritten, and the lay of the land. An sure the Chinese are smart enough to know what works best. Business is business, and they are all for this symbiotic relationship, as they know the benefits will flow LT for GBG and Ansteel. Ansteel has done nothing to make me uncomfortable, and I therefore am happy to continue buying.