olgalp,
funded by a company owned by the saudi royal family. read past announcements, funding is secured.
Enviro approval all that stand in the way. Also, it was noted that the plant was relocated due to the scale of the project being deemed to be too large for the existing site, when the decision was made to add additonal prodcution capabilities.
I expect a re-rating as news and details of the MOU are released.
bgd dubai, germany, usa otc and usa adr's, page-15
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