@Tran - nice pick up mate… it’s all the small dots, which, when you line them up pint the bigger picture.
I particularly like the strong trade links being forged with the ROK - this is being mirrored across a Whole of Government effort including the defence establishment.
Project LAND400 which is Army’s largest purchase of Infantry Fighting Vehicles (>$20b) is currently between a German Contractor and a ROK contractor… due to the ongoing geo strategic situation - the Government is seriously considering pushing the business to ROK. This would benefit both countries and allow the ROK an offshore manufacturing facility away from Central Asia….
it may be a long bow to draw - but there are serious efforts to increase ties with the ROK across all sectors - this may turn in to significant tailwinds should HIO look for funding or JV partners there.
Thanks @Tran for your ongoing outstanding analysis!!
HIO Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
