yuji22 posted:alena06 posted:'Expected to be completed “way before” ExxonMobil’s 2020 estimated production start date, GuyEnergy is forging ahead, stating that the venture would cost about US$100m as compared to the US$5B that Pedro Haas, Director of Advisory Services at Hartree , had projected to the government.'
Why the big difference in estimates? I hope they did their research well.
LOL. These clowns want to build a refinery for $ 100m. It costs about the $ 5B to build a refinery. Another PNC "investment" opportunity.
I doubt they are clowns. Let’s see their proposal. I’m sure a lot of people will want to understand that. They must have a reference model somewhere!