From the latest MD&A - start construction " The Company’s proposed refinery in Bowden, Alberta, expected to commence construction in 2020 and be commissioned 18 months after financingis obtained, is designed to produce 1,540 bpd of Group III base oil, by which time the total North American demand is expected to be in excess of 21,000 bpd, still leaving an overall North American production shortfall of 14,160 bpd. "