From today's announcement :
"... the proceeds from the A$79.6 million equity investment will be applied to accelerate plans to bring the 5mtpa Stage 2 expansion of the project into production as soon as possible."
We are in the box seat right now. If we can pull off our plans we will be way ahead of the competition (as many projects will either be delayed or not come into fruition) and even more valuable as a result.
Ann: POSCO Backs Pilgangoora Stage 2 Expansion and Downstream JV, page-50
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