Possibly. I would have thought the company would have to announce this to the market if they are aware if it though?
My thinking is the finance via POSCO is just a better deal in all aspects plus the added bonus of gaining connections POSCO has with it's existing customers and suppliers. So I think the companies preference would be to go through POSCO for the $ but use Sinoma as a plan B.
All imo and DYOR
Ann: Placement Raises $3 Million, page-57
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