I think it will be the key factor. In the Kingdom's Vision 2030, where mining plays a key role, the Saudis are behind schedule, but are now moving. Khaniquiyah will be seen as an area where quick wins (substantial ones) can be made in short order. They know AUQ possesses a head a DFS that can provide a quickstart to the winner. One way or another this should generate a win of one kind or another for AUQ on this multibillion dollar resource.
AUQ Price at posting:
7.0¢ Sentiment: Buy Disclosure: Not Held
