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Engineering, procurement, construction & management of crude oil refineries.

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Message: Still Perplexed

Still Perplexed

posted on Apr 07, 2010 08:13AM

... still cannot understand why it is difficult to raise money when WWF is suppose to be holding valid agreements for oil feedstock and a refinery. What's the problem? Libya wanting 10% of the refinery? Doing business in Libya? Foley not wanting to give up a big equity piece in Ras Lanuf? Is Foley difficult to deal with?

Based on the past few posts, not many shareholders have much faith in Foley being able to pull off a deal. .. and the April 2010 Update in March.

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