You are, probably, completely right about the operation in...

You are, probably, completely right about the operation in Egypt. Don't expect to see any revenue in the short term, or for that matter, … at all.

The (sad) truth is that Ramy has been peddling his story for over 27 years now (!!) , and whilst it's an interesting and environmentally tantalising story, the fact remains that he has not achieved ANYTHING (in over 25 years) that is remotely commercially viable, or remotely attractive to potential licensees. All that he has achieved in 25 years is to convince investors to part with money.
I wonder if he still believe he's Australia's greatest engineer, inventor, entrepreneur and businessman. (don't laugh, .. I'm serious)

He has used, abused, ripped off, milked, insulted, and generally wasted enormous amounts of (shareholders) money and available expertise and assistance that has been available to him over the past 20+ years, mainly because of his narcissistic tendencies, and because the board were too weak, and allowed his behaviour to continue unchecked and without exercising ANY (technical) control. Weak board == weak company.
(I have seen it all.)

It is not by accident that the board has been "reduced" from 6 originals to the current 2 (blind loyals) + Ramy

This company is doomed.

I wonder what's happening about the AB legal action. ?
Not sure what assets this company has any more, and what AB expect to receive in the way of compensation.
Waste of time, in my opinion.
No assets and no cash, and one big loan to Talisker.