"Because he is meeting with bankers it means that they are finalising the finance after the execution of the contract"
Not sure how you come to that conclusion ?
More like he is meeting with the bankers and pleading Shougang to sign - he knows of the consequences if they dont !
Looks like 16 is about to get taken out - not too much confidence from market RE : this glorious signing !
Quite the opposite mkt is saying !
email respones re shougang meeting, page-27
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