POSCO Joint Venture

Tired of the garbage threads.

POSCO and Galaxy are on the verge (IMO) of cementing a strategic partnership at SDV. 

Amount? US$450m? 

What %? GXY retain 100%?

Any left over cash used for what? Dividend? buy back?

What is the 3kt dmt shipment from MC to POSCO being used for? what does it mean for the companies moving forward? Will this be involved in any JV? Looks like another 5k dmt on the way as of the 1st feb.

Constructive conversation would really be nice.