Ann: Quarterly Activities Report and Appendix 5B, page-8

It's funny isn't it?

They seem to be doing lots of planning but not much doing.
On the surface of it, the business case seems compelling...
1. No domestic Urea production
2. Global UREA shortage
3. Increasing demand for UREA (and increasing price)
4. Global gas supply shortage/no new investment/problems
5. NRZ have a plentiful supply of feed stock

Seems a no-brainer - what's holding this thing up?

Are they over analyzing, polishing plans to perfection, and are reluctant to commit to a plan?

Don't know.