InvestorsHub Logo
Followers 64
Posts 5222
Boards Moderated 0
Alias Born 02/21/2014

Re: Neophius post# 62392

Tuesday, 06/27/2017 10:49:51 AM

Tuesday, June 27, 2017 10:49:51 AM

Post# of 122538
I'm reading the s-1 this morning, it appears mmex is trying to raise $6,108,155 per maximum aggregate offering price. 3 million of which is from crown, the other 3.1 is from outside investment. What's your take on that?

Do you think MMEX will go for a 10% ownership stake in the 10,000 bpd facility?

Assuming that the refinery will cost $47 million as stated in the conference recording. A 10% stake would cost the company around $4.7 million.

My posts are opinion only, and are not to be considered as actual investment advice.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MMEX News