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

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Message: I think...

I think...

posted on Aug 16, 2008 06:30AM

... it is great the the board has come alive, and i agree it is great to see no personal bashing.

i really think that we were far too optimistic on the the timing of events and we have every right to be miffed with the delay in financial statements.

six months ago WWF received approval for refineries. there still had to be bankable feasibility studies, site approvals, and financing. these things take months to complete . Here we are, six months after refinery approval, and according to Royrogers, WWF comes alive mid October. That is not along time for multibillion dollar projects in a foreign country. Bashr Communications blew expectations out of the water with all the hipe, now it is reality.

I really believe that if WWF did not have the CTO the share price would still be where it is now. Simply because the key events, studies, approvals, financing have not taken been complete, and juniors are not the flavour of the day. Alot of good junior companies are being hammered right now and WWF (as a high risk junior) would really get squashed.

As we all know, Mr Foley was over in Libya making deals, and i beleive they are real. he would tell royrogers or other posters something that was not real.

Mr. Foley is going to make all of us stinking rich. We just have to be patient...which is easier said then done.

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