you are most welcome. In regards to Saudi its very hard to tell...

you are most welcome. In regards to Saudi its very hard to tell whats our chances of success it depends mainly in my opening on funding because on the technical part alara’s bed will be solid due to DFS Study. So if Alara find a funding partner either through JV or Debt finance our chances will be extremely high. If however Alara goes alone they will be toast as its not hard for the Saudi ministry to find out we don’t have sufficient cash for a project of this size.

I am confident Alara’s management is well aware of the financing issue with regards to the bid and they are most likely doing the best they can to secure the license for Alara.