Well. Having read and reread this announcement I see this as another top shelf decision by our Board. What is there not to like? Oh the whole China thing you say. Like it or not the Chinese and Gangfeng in particular are way out in front in the evolution of this industry and to be one of two "big dogs" marking their territory with Gangfeng the other is not to be sneezed at. A very powerful team. Apart from a long term partner for another 300000tons this time we may be going 50/50 in the JV as opposed to the 18/30 with Posco. And the good news continues with location and other parties still in the mix with whatever incentives they might offer up to be part of the action. Exciting.
Ann: Downstream Partnering Outcome - Study commences with Ganfeng, page-30
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