That will likely be the case no matter when this project goes through, or who does it, imho - that construction aggregate revenue will be the core of it, the gold comes in as gravy .... more than a little mercury down there too, from the oldtime gyppo miners, so it is presentable as an environmental cleanup operation, perhaps [that will undoubtedly be argued in some quarters] ..... but if you come with a barge out of the mouth of the Orinoco like that, you're maybe in economic range of considerable markets ... what would it be to Florida from there, seven hundreds nautical miles? ... my cheapo atlas here won't tell me .... then the US gulf coast perhaps, hard to say what the competition might be like there .... plus the entire Caribe of course, more than a few plantations of ricos güeros down there ...... i do know that for construction on the mexicano southern side of the Golfo, crushed stone is brought in from considerable distance, and at high cost
But this Seabulk has heft and credibility, together with Bateman i judge that Chilcott is showing reasonable judgment in choosing his partners ...... so we'll see .... still major political risk within Ven, plus the bushistas are hard and heavy on the venezolanos lately, pretty scarey .... anyway, i was thinking of taking some off the offer, just to spice it up, but decided to let you do the honours -g- |
