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Ann: Share Placement to JFE Shoji Corporation, page-110

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    lightbulb Created with Sketch. 115
    technically the 3 years of 2020, 2021, and 2022 would have easily surpassed those metrics.


    120million usd to purchase the 25% stake.
    maybe another 100-130mil usd lost in the conversion and lost production

    including the cashflows generated. They would have easily surpassed the metrics.
 
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