All very good. Great to see the Directors are maintaining the faith and taking no fees- although given that the company has NO money, any such fees would come straight out of Ramy's pocket! They must be true believers.
This better be good for all concerned.
So, we have a banana veneer unit *nearly* installed in Sohag, but, the funding depends on the BVU actually working. Time will tell what it actually works to produce.
The aim to produce banana veneer stuff, but I'm not really sure what that banana stuff actually is (sheets, flakes, ????) and then there seems to no idea who that stuff will be sold to!
Glad I sold a while ago, but I've got to admire Ramy's relentless faith!
Ann: Chairman's Address to Shareholders, page-2
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