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Mirage Energy Corp (MRGE)

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Last Post: 3/1/2021 9:23:56 AM - Followers: 158 - Board type: Free - Posts Today: 3



We’re a natural gas storage & international transportation company based in Texas

OTC: MRGE
http://www.mirageenergycorp.com

 

Announced Projects:

1)  CENOTE ENERGY S. de R. L. de C. V. (Subsidiary of Mirage) - Burgos Hub Storage & Natural Gas Pipeline, a US-Mexico development consisting of cross-border transportation and the first underground natural gas storage facility in the country of Mexico. When fully developed, Mirage’s natural gas storage facility will be the largest natural gas storage facility on the North American continent.

2)  WPF MEXICO PIPELINES S. de R. L. de C. V. (Subsidiary of Mirage) - SAN FERNANDO/CACTUS.  42" diameter pipeline interconnected to proposed storage facility with interconnects to Station #19 and Los Ramones all on Mexico's National Pipeline System. Including interconnecting and rehabilitating a existing 48" pipeline running all the way to the Isthmus Corridor thus bringing abundant supply of natural gas to the southern region of Mexico. Approximately 1000 miles.

3)  NORTHERN HEMISPHERE LOGISTICS, S. A. P. I. de C. V. (Co-Ownership with Mirage) - ISTHMUS CORRIDOR. Includes rehabilitating dock facilities at Coatzacoalcos Veracruz on the Gulf of Mexico side with new monobouys. Rehabilitating 30" & 48" lines running from Coatzacoalcos to Salina Cruz Oaxaca, dock and monobouys in the Pacific side, this including the pumping stations along the track and tankage on both side of the Isthmus.

4) MIRAGE ENERGY CORPORATION - Announces it has signed an agreement with ENERGY AGENCY OF THE STATE OF PUEBLA to develop a pipeline infrastructure project to deliver natural gas to the state and various industrial parks with in the state. This includes the delivery of 500 mmbtupd of natural gas thru this pipeline project. Total estimates cost for development of this project is expected to be s $300 million USD.

 

=========  Projected revenues of all projects have been estimated at $1.5 - $2.5 Billion with Net Income ranging from $500 Million to $1+ Billion  ==========
(See chart at the bottom for potential share price scenarios using these estimates)


https://www.otcmarkets.com/stock/MRGE/security

Authorized Shares
890,000,000

Outstanding Shares
469,530,490
10/16/2020

Restricted
262,689,411
10/16/2020

Unrestricted
206,841,079
10/16/2020


$4 BILLION Financing With Bluebell International, LLC

June 16, 2020
Mirage Energy Corporation and Northern Hemisphere Logistics, Inc. Sign $4 Billion Debt Financing With Bluebell International, LLC for Development of Three Projects Including Pipelines, Natural Gas Storage and Isthmus Corridor Project
Mirage gets 25% ownership in multi-billion dollar projects WITH ZERO DEBT

https://www.globenewswire.com/news-release/2020/06/17/2049382/0/en/Mirage-Energy-Corporation-and-Northern-Hemisphere-Logistics-Inc-Sign-4-Billion-Debt-Financing-With-Bluebell-International-LLC-for-Development-of-Three-Projects-Including-Pipelines-.html


March 16, 2020
Mirage Energy Corporation Signs Agreement with Northern Hemisphere Logistics, S. A. P. I. de C. V. To Participate in the Development of the Isthmus Corridor Project

https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1553878


June 11, 2020
Mirage Energy Corporation Signs Agreement with the Newly Formed Energy Administration of the State of Puebla for Development of Pipelines

https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1623065

 

May 20, 2020
Mirage Energy Corporation/Northern Hemisphere Logistics, S. A. P. I. de C. V. Signs Agreement with Mexico Labor Union "El Sindicato National De Infraestructura" for the Support and Cooperation on Respective Projects for Each Company

https://www.otcmarkets.com/stock/MRGE/news/story?e&id=1607525


October 8, 2019
Mirage Energy Corporation Wholly Owned Subsidiary, WPF Transmission, Inc., Announces the Signing of an Interconnect Agreement With Whistler Pipeline LLC.
https://www.globenewswire.com/news-release/2019/10/08/1926360/0/en/Mirage-Energy-Corporation-Wholly-Owned-Subsidiary-WPF-Transmission-Inc-Announces-the-Signing-of-an-Interconnect-Agreement-With-Whistler-Pipeline-LLC.html

MOU announced with a billion dollar company, (TrailStone NA Asset Holdings, LLC):
https://finance.yahoo.com/news/mirage-energy-enters-mou-reserved-120000683.html

Trailstone is a subsidiary of Riverstone, "Riverstone is an energy and power-focused private investment firm with $38 billion of capital raised":
https://www.riverstonellc.com


Advantages of Isthmus project = Worldwide implications = HUGE $$$ saved


Potential calculations of PPS:

(from board member: PennyStockTrader2)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156268062


The following table is a reference to how one might come up with PPS for Mirage. There are obviously a lot of variables here, but since PPS is often talked about in terms of PE ratio, I thought I would use that as a guide.

I assumed the outstanding count would climb to around 650 million, where 200 mill preferred shares are held by the CEO and not traded, and so I also did a calculation based on 450 million also.

The worst case scenario in the table is 200 mill net earnings and a P/E ratio = 10, yielding a $3 stock. I say worst case in light of P/E ratio where ratios of other midstream pipeline companies.


 


 

MRGE
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Volume:
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MRGE News: Quarterly Report (10-q) 12/31/2020 06:01:37 AM
MRGE News: Annual Report (10-k) 11/19/2020 06:04:55 AM
MRGE News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 10/30/2020 12:21:02 PM
PostSubject
#22928  Sticky Note Announced Projects & SENER Projects on Mirage Map: Macod 01/16/21 02:19:06 PM
#22744  Sticky Note good post that I had to repost to sticky fade 01/11/21 02:50:19 PM
#21469  Sticky Note https://mexicobusiness.news/oilandgas/news/mexico-will-still-depend-us-natural-g Jutttyc 12/08/20 05:47:57 PM
#20908  Sticky Note Article is straight gold, DC! Our projects are Andyman23 12/02/20 11:06:56 AM
#24148   Doubt it but it seems a strong opening jonsmile 03/01/21 09:23:56 AM
#24147   Wait, Trump mentioned Mirage by name? PipelineBreath69 03/01/21 09:03:15 AM
#24146   Trump said USA and Mexico are partnering in Jersey boy ash 03/01/21 08:19:37 AM
#24145   Trump just said...he loves natural gas. JACKPOT 02/28/21 05:32:58 PM
#24144   The Ides of March Macod 02/28/21 02:22:56 PM
#24143   Thanks Jackpot! I hope an in-person meeting will Haole 02/28/21 12:04:04 PM
#24142   You always did say March !!! can March Tony1221 02/28/21 10:27:09 AM
#24141   Ureconian Daily: UREC 02/28/21 09:01:44 AM
#24140   https://youtu.be/0_GSU5pj_Rc We need your insight shower is with jonsmile 02/28/21 08:28:19 AM
#24139   Breaking news: AMLO & Biden will be doing JACKPOT 02/27/21 06:07:33 PM
#24138   Shh listen closely and you will hear some Macod 02/27/21 01:22:27 PM
#24137   Hope the pig brings home the bacon and JACKPOT 02/27/21 01:19:06 PM
#24136   Board eerily silent. Pinetree64 02/27/21 01:15:07 PM
#24135   Thanks, I didn't realize the minimum would be LandToSea 02/26/21 03:03:39 PM
#24134   2500 is the minimum block order. The manipulation GunSlinger2020 02/26/21 02:42:53 PM
#24133   Does anyone who intimately understands price manipulation have LandToSea 02/26/21 11:59:24 AM
#24132   .295 nealhugh 02/26/21 11:46:17 AM
#24131   Nothing to see here, keep it moving. Stinksniffer 02/26/21 11:14:53 AM
#24130   Good Morning all Groundhog Day once again Jetfan190 02/26/21 07:05:54 AM
#24129   https://www.naturalgasintel.com/column-where-does-mexicos-natural-gas-storage-go Stinksniffer 02/25/21 06:28:04 PM
#24128   Really BIG but................. JACKPOT 02/25/21 06:09:51 PM
#24127   The magnitude of these deals is astounding. dcbass 02/25/21 05:21:53 PM
#24126   Wow probably the most bullish article I have Macod 02/25/21 05:11:37 PM
#24125   no stopping nat gas and 35 year concessions fade 02/25/21 05:04:41 PM
#24124   Haha Yup! Jetfan190 02/25/21 03:39:57 PM
#24123   Recent picture taken of AMLO.............. JACKPOT 02/25/21 02:47:01 PM
#24122   Jennifer Granholm confirmed as energy secretary in bipartisan Macod 02/25/21 01:52:52 PM
#24121   Perhaps a rival company... or perhaps Los Corruptos Haole 02/25/21 01:40:19 PM
#24120   Need a PR and 8K Let’s not wait 6 Jetfan190 02/25/21 01:31:20 PM
#24119   So you’re proving his statement of Texas has kaeamrjs 02/25/21 01:02:15 PM
#24118   My response was directly from folks involved in Macod 02/25/21 12:34:17 PM
#24117   Ya, I don't think that is it. Per EIA: LandToSea 02/25/21 11:40:44 AM
#24116   Their focus has been too much on renewables Macod 02/25/21 11:30:32 AM
#24115   Makes no sense. Need diamond hands to hold. GunSlinger2020 02/25/21 11:27:02 AM
#24114   Only 23% of TX energy comes from renewables. LandToSea 02/25/21 11:20:34 AM
#24113   Texas is trying to blame green technologies... The Tony1221 02/25/21 11:08:50 AM
#24112   Ya but some paper handed bitch always has LandToSea 02/25/21 11:03:15 AM
#24111   No there is a named storm ( Ward) PIPEdreamWINNER 02/25/21 10:50:59 AM
#24110   Lol is Ward really back in TX though? Andyman23 02/25/21 10:46:01 AM
#24109   Full to the gunwales captain! Stinksniffer 02/25/21 10:36:38 AM
#24108   Nice moves SakartveloChan 02/25/21 10:31:52 AM
#24107   Donde esta horacio? gato tiene la lengua? I PIPEdreamWINNER 02/25/21 09:55:02 AM
#24106   Seriously : I understand covid is an issue Fish finder 02/25/21 09:35:32 AM
#24105   Yes, up to him/MX, time to move forward Livefree1776 02/25/21 08:58:39 AM
#24104   Texas Electric Bills Were $28 Billion Higher Under Tony1221 02/24/21 08:59:14 PM
#24103   Thanks Penny. CelNav 02/24/21 05:59:57 PM
#24102   Yeah Ward made that very clear to me PennyStockTrader2 02/24/21 05:22:32 PM
#24101   I got the alert @ 44.75 and I JACKPOT 02/24/21 04:26:16 PM
#24100   Gme running. Stinksniffer 02/24/21 04:19:37 PM
#24099   Thx Jetfan190 02/24/21 03:39:09 PM
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