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TNG Finance, page-2

  1. Propunter2
    4,373 Posts.
    lightbulb Created with Sketch. 3070
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    07/09/15
    12:24
    Post #: 15947076
    POSCO MOU is something that is of interest considering they were party to the Roy Hill IO financing.

    http://www.smh.com.au/business/kore...e-position-for-nt-project-20140525-38wpv.html

    POSCO offers $1.4bn collateral for Roy Hill project
    http://www.miningaustralia.com.au/news/posco-offers-$1-4bn-collateral-for-roy-hill-projec

    US $60.87 Billion in revenue 2011
    https://en.wikipedia.org/wiki/POSCO

    Cornerstone Investment in a new Iron Ore Mine, New Vanadium producer would make sense for a steel producer with an 'output of 39.1 million tonnes of crude steel in 2011'

    JMHO - Please DYOR
    Last edited by Propunter2: 07/09/15
    TNG Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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