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Re: sts66 post# 2912

Saturday, 06/17/2017 4:39:48 PM

Saturday, June 17, 2017 4:39:48 PM

Post# of 8674
Based upon LG's track record I have no doubt that he has already lined up the passive investors. He does not play games and is thinking way ahead of pack. Look how soon he announced the HBI plant (after losing the leases). He has been planning everything aggressively for the past nine months or more.

What would be great is if one of the investors is a steel company like MT or X.

There is a big demand for DRI and it is the future. So having both of these plants built is just fine. LG wants to build five or six of them.

He will need ore for the plant and whether they have enough now or whether they have to acquire ore is the question
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