posco backs sale (deal likely to go through), page-3

Posco putting pressure on the Chinese to open their wallets.

Mitsubishi will also make the Chinese pay if they don't wise up and bid for MMX now with some decent money.

At some point when IO market tightens again and spot price go through the roof, with Indian rationing export and Idi Amin in Cameroon goes missing after a coup, the Japs would say to Sino, JHEP 100% all your for $4.

Sino will be kicking itself in deep regrets when their low yield, low grade Weld Range ore produce so little concentrates that they end up buying from Karara instead.