Wednesday, July 17, 2019 8:56:22 AM
1) Pipelines will provide outlet for excess natural gas from the Permian, which is a significant issue (see recent post here https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149963090)
2) Will allow for more US oil production if existing producers are able to get rid of excess natural gas (see #1)
3) The excess natural gas will go to Mexico and alleviate their natural gas shortage issues. AND Mexico will finally be able to -- for the first time -- ensure steady natural gas supply from the Brasil storage facility
4) I believe Mirage is partnering with the government of Mexico to make it a win win for everyone. No doubt the Mexican gov't or some related entity will own a part of this project, how can they not, it will be a huge benefit to the Mexican economy providing much needed revenue for years to come
5) Numerous jobs will be created building this project and operating it
The size and scale of this project couldn't be bigger, involving the governments of US and Mexico. So if some are wondering about timelines and when Ward will release news, I really do not think it is up to him or he doesn't want to make a wrong step given who is involved. When the time is right everything will come out. Which I do believe is very soon ..as the only way to realize the above benefits is to break ground and start the project!
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