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Home > Boards > US OTC > Oil/Gas/Natural Energy Production > MMEX Resources Corp. (MMEX)

"Nominal" value already filed at $345 million, in

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HokieHead   Monday, 03/20/17 11:09:23 PM
Re: samsamsamiam post# 14784
Post # of 70509 
"Nominal" value already filed at $345 million, in other words, conservative.

Quote:
the Project Intellectual Property Rights at a nominal valuation of US$ 344,459,120 constituting a share ownership interest in the Company to be determined by a valuation and fairness opinion issued by a third party independent consultant retained by the Company


$345,000,000/2.5 billion = $0.14 PPS

$345,000,000/3.0 billion = $0.115 PPS

$345,000,000/10 billion = $0.035 PPS

MMEX trading at $0.0048.

Simple math..


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