Welcome aboard!
I remember Oakajee port and rail consortium, but Posco wouldn't have meant anything to me back then as I was just starting out in the market... must have been back around 2006-2008?
Just goes to show how deep their pockets are... we must slide into small end of things for them.
It is a good reminder that Posco wouldn't mess around with such a small company without (feasible)enormous potential.
When Posco was first announced, I think it must have been in the BRR that PB emphasised just how thorough their due diligence had been already prior to that announcement. Woojin did their own due diligence and we know that Hyundai, Gunvor and GPP etc will have had their own magnifying glasses out as well... I think that says everything in itself.
While we still only have MOU's, we wouldn't have so many Tier 1 company's broadcasting their association with what was at best a small micro cap at that time if the project's feasibility and economic potential didn't speak for itself.
Ann: TNG and rail operator in agreement for logistics to Darwin, page-37
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