OTCPK:ICPVF - Post by User
Comment by
DaMantison Jan 18, 2016 1:29am
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RE:RE:RE:RE:RE:RE:RE:RE:back in
RE:RE:RE:RE:RE:RE:RE:RE:back in Totally agree Snewguy. I don't think MRBB realizes just how significant the Saudi war-chest really is. They're bleeding out right now. But their financial reserves could last a decade at their current burn-rate.
Here's some numbers to help clear up the Saudi position.
https://www.bloomberg.com/news/articles/2015-10-28/saudi-net-foreign-assets-drop-for-eighth-month-in-september It's all about market share & they're planning for their economic prosperity on a 100yr time horizon (hence the nuclear power plants they're developing).