TheGlobe.com Inc (TGLO)

[potatoclump]

chiming in here after being away for the last four years. i think the difference now is that there is an actual engineering plan for what they're trying to implement. with the FEED being finished now they can move forward. these projects don't move very quickly in the real world unless they're headed by companies who already have infrastructure and manufacturing agreements with suppliers of steel/carriers/etc. i.e. Shell, Exxon, Enbridge. outside of the well oiled machines that these companies operate within, startups like Delfin have more to tackle. that amounts to more legal requirements that need to be considered fresh, more bids to be obtained from material providers/freight forwarders handling the project.. engineering, regulations related to more than one jurisdiction, etc. the testament to this being a serious project for me is the costs plunged into the shell for so long and keeping up with filings. they could easily dump for what, $70mil at any point and have just taken the money and ran.