Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-61

it’s clear to me that phase 1 UAE Chem plant is unlikely to ever get off the ground

it is likely that once US phase 2 definitive feasibility is issued with a preferred land purchase option, and funding is secured then only then is Karibib likely to be funded

Persian Gulf & Gulf of Oman heating up

https://www.reuters.com/world/middle-east/irans-navy-unveils-new-vessels-equipped-with-600-km-range-missiles-tasnim-2023-08-02/