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due diligence, page-2

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    I assume final decision on bank finance (assuming DDs are ok) will be conditional on full acceptance of the ESIA. Hence the year end target for the decision. This clip refers:-

    The ESIA is presently undergoing a final review following which it will be translated into the Arabic language for presentation to the Egyptian Environmental Affairs Authority ("EEAA") for approval which is expected to be granted within 60 days. The Company does not expect any delay in securing the EEAA approval as in the main the recent changes to the Abu Dabbab project reduce its overall environmental and social impact.
 
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