Ann: POSCO Transaction Complete, page-119

"Galaxy will now receive US$271.6 million(after US$8.4 million in withholding taxes was paid in November 2018) as follows:" - How I interpreted it .. is that the transaction is "$280m for the sale less tax", seller GXY forward paid the tax, buyer POSCO pays the remaining to the seller . It will be different if transaction is "$280m + tax". I believe interest on escrow is calculated on $280m and not on $271.6m.