pallinghurst / jupiter mines strategy..., page-4

Excellent work Shareman

What's interesting to me is that Pallinghurst recently entered into a co-investment agreement with the large Korean Steel company Posco, which, in turn is to become a co-investor in Jupiter Mines (subject to Jupiter's shareholders approval in August)
To add to the mix, Posco has entered into a 50% off-take agreement with Jupiter for DSO grade iron ore

IMO, the potential for synergies with HAW are all there.
Pallinghurst and Posco to my mind would want a much bigger scale of operation than just Jupiter

What we need now are some great assay results from MT Bevan to prove our worth, and not to mention to give the sp a much needed nudge north.

http://phx.corporate-ir.net/phoenix.zhtml?c=223601&p=irol-newsArticle&ID=1303746&highlight=