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Re: CEOs post# 71241

Wednesday, 10/04/2017 11:46:19 PM

Wednesday, October 04, 2017 11:46:19 PM

Post# of 122545
That is what Hanks said - but a CDU or Crude Distillation Unit which will cost $50 million - I can't believe anyone thinks Hanks can obtain $50 million in financing - hell he can't get a conventional loan for $100,000 - he can't get financing for $50 million. That is pretty funny.

You do understand that the CDU is the first part of a oil refinery and would generate very little revenue - not enough for Hanks to pay the interest on a $50 million loan.

Here is the best part - Hanks is still $450 million short for financing a refinery.

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