From the set pics the project seems to have a lot of green screen (for the "western" environment and sets), meaning quite a bit of post-production. It's only been a year since it' was shot and we're not sure where it's at (forgot to ask). They also took a long time to release anything on Tony Jaa's previous one, TOM YUN GOONG 2 / PROTECTOR 2, so it might take a while for this one as well. I don't see them sitting on it without releasing it anything. Might find out more if they take it to the Cannes market for international sales.
(P.S. Tony Jaa's contract and relationship with them shouldn't have anything to do with the outcome)