In my opinion the biggest hurdle with a project like this is getting the funding. Who is going to step up with $12 billion to pay an inexperienced and under qualified team to build a project in an environment of extreme uncertainty. Do the indigenous groups that want ownership over this project have significant capital to invest or access to capital? Have they ever engineered, built, or operated a project before? I feel like the answer to both has been largely ignored in everything I've read about Eagle Spirit.
I mean, I would love there to be a pipeline corridor to the West Coast that we all could benefit from, but if Kinder Morgan, Enbridge, and TransCanada are walking away from similar projects after years of investment and thousands of hours of upfront work, what chance do these guys have of actually executing?
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