"We have something they want or we wouldn't be here"
So true....
In the 5 years of dealing with the Indians, has there ever been just one time, one occasion, where the Indians have suggested that they will walk away ????
I can't think of any...... Not once!
We do have something they want, and importantly, it's something they desperately need, and for reason's beyond, producing additional steel capacity at an insanely low cost when compared to the traditional BOF route.
Believe it or not, it's the shareholders of ECT, that can provide the Indians with the greatest assurance and comfort, that they can trust US, to go the distance with them.
That said, we owe a big thanks to our largest shareholder ( LT ) for showing the way forward.
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