Yep it looked like a bit of buying into the South Korean budget next week.
I don’t think we will see a grant but under the supply chain fund POSCO could get a low-interest loan from Korea Eximbank to fund their equity investment in RNU.
Remember we still have not heard anything further about the revised terms of our loan from EFA since our budget back in May. I believe this is because of this funding from South Korea / POSCO which has been in the works for months.
I have a good feeling about next week.
General Discussions, page-31039
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