... and for newcomers, let's be explicit here. This would conservatively increase book value / share to at LEAST $20/share. Whether the market recognizes that, is anyone's guess, but this project is on its way. Management has completed/started a number of very important tasks to get this going and the delays, although aggravating, have appeared to get us through the Great Recession's impact in that part of the world. That is, real estate values and future revenue from the project are even better than originally thought.
Assuming (and that's a BIG IF) that the MOH acts quickly, we should see some exciting news soon (hopefully before the end of June).