I don't know where POSCO will go either to get this 30ktpa in...

I don't know where POSCO will go either to get this 30ktpa in 2025. I'm thinking surely it didn't need to be this way if BKT management had sorted out the funding for module 1 a lot earlier. And its worth remembering that its only funding for module 1, not all four modules. That was supposed to be a big advantage for BKT, that it was to be a staged development, and they just needed a relatively small upfront capex. So why has this small fund raise dragged on for 18 months ? !!! This delay now appears to be potentially disrupting POSCO's future production plans. I can't get my head around it !

All IMHO, DYOR