"
."why shouldnt POSCO be required to provide an update on how they are going with finding financiars, it would certainly be in the interests of the company to know,would it not? And then for the company to let us shareholders know"
Why should they?
POSCO is not an ASX listed company - they are not governed by any continuous disclosure rules.
When POSCO has done what POSCO needs to do it will tell MNS and then, once MNS knows the outcome, MNS is required to inform the market.
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