A clip from Friday's news. Note the bold print. I believe that until there is a contractor selected, we won't move much.
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The Company would like to thank KBC Process Technology Ltd. (www.kbcat.com) of Surrey, UK, for its assistance in procuring this license. KBC is a leading independent consulting and technology group delivering competitive advantage through improvements in business performance and asset value to owners and operators in the oil refining, petrochemical, and other processing industries worldwide.
Based on this license, the Company intends to move forward with its proposal to construct, engineer and operate a new stand alone oil refinery at Nouakchott. Specifically, KBC Process Technology Ltd. will prepare a fully detailed feasibility study to include the design of the facility, (including process flow diagrams); while simultaneously we will commence the process of securing all relevant studies and licences for the proposed site in Nouakchott. Our next major milestone will be to select a contractor to prepare a study as to the nature and source of crude oil feedstock.