The pre-nuptial engagement has become a fully consecrated marriage (AMCI 15%, Investec 16%, POSCO 20%, Pallinghust 17%, M&R 15% and Red Rock Resources 6%), leaving 11% for the sundry shareholders tagging along for the ride. The company will now grow from $83.2m to $353.1m, with a major switch (proportionally)to manganese. I can't see how such a consortium of players, including actual producers (POSCO and AMCI) can fail. And with industry leaders such as Brian Gilberson and Hans Mende (AMCI) involved, we have some of the world's shrewdest investors on board. I'm happy with that. Yes, truly transformational!
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