You might be overthinking it. The S.Koreans have definitely NOT gone cold. LG and POSCO are pleased to be in the company of GM when it comes to off takes with QPM. This gives all involved a huge level of confidence in the project.
One would suspect such a large gathering of QPM Management in S.Korea, they are there for a precise reason. This management team does not go on trips like this without a degree of certainty of outcome.
Ties with S.Korea from a trade perspective are extremely strong. Both countries want to support each other. This is well publicised.
I am not concerned about the remaining capital required to go to FID, whether that see Ksure involvement (which I think it will), or others. I do not read anything into Ksure being late to chip in, it's just the way they operate. I worked in Asia for 15 years and dealt with sovereign investment agencies...
What I am pleased to see is that they (QPM) are with Annastacia Palazczuk. The QLD premier has now been seen and involved directly with QPM on several occasions.
DYOR & GLTAH
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