I've been part of several multi-hundred million do
Post# of 4466
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Posted On: 01/12/2019 1:25:25 PM
Re: DieselBuzz #4310
I've been part of several multi-hundred million dollar projects across the sector. Unlike the failure known as MMEX, these projects, once market opportunity was identified, went from concept to fully-financed within intervals less than 180-days - usually much more rapidly.
Once the financing was in place, these projects, depending on size and complexity were completed in time-frames from 180-days to 18-months - even large-diameter, interstate transmission pipelines, two of which required more than $1Bn in project financing, multiple permits with numerous state and federal agencies.
One of the clearest ways to detect that MMEX is a fraud is the length of time from announcement of the project, March 2017, to date - without having even soft-circled financing. There are dozens of ways to determine that MMEX is fraudulent, from groundbreaking ceremonies held without first having financing in place, to dozens of toxic loans.
Once the financing was in place, these projects, depending on size and complexity were completed in time-frames from 180-days to 18-months - even large-diameter, interstate transmission pipelines, two of which required more than $1Bn in project financing, multiple permits with numerous state and federal agencies.
One of the clearest ways to detect that MMEX is a fraud is the length of time from announcement of the project, March 2017, to date - without having even soft-circled financing. There are dozens of ways to determine that MMEX is fraudulent, from groundbreaking ceremonies held without first having financing in place, to dozens of toxic loans.
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