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32 projects were announced, only 5 of them are in the energy sector. They are FAR smaller projects than Mirage is bringing to the table. The largest of the 5 was a 52 million peso investment.. roughly $2.7m USD.
As anticipated, we are not included.
Our big break will come with the Ismthus Master Plan Presentation. We need an update from Mexico, but I would think they would want it presented in about 1 week's time.
I think the Isthmus Master Plan is more likely.
Wow, Ward in Mexico today!!!
Grabando el documental para Netflix... 🕺🕺🕺 pic.twitter.com/8qwyUxoEr6
— Lobio 🐺 Vas (@LobioVas) October 2, 2020
Somewhat on the same topic - This article reveals that the San Fernando will tie into Nuevo Pemex power plant (essentially in the Isthmus). It’s from here, that the entire Yucatán Peninsula is supplied with electricity. The current problem is that Nuevo Pemex is VOID of natural gas! That’s why the Yucatán is plagued with blackouts. The infrastructure is in place... but there is no natural gas! With our projects, the Yucatán will have up to a 6mo supply of natural gas. No more blackouts. Imagine that!
https://www.rigzone.com/news/mirage_wins_4b_for_isthmus_pipeline_and_storage_projects-18-jun-2020-162452-article/
The San Fernando will move the gas south to the Isthmus, no?
Jet, I hope you’re right!
I am excited for the Infrastructure Plan to be announced Monday, but I honestly have significantly more confidence we are included in the Isthmus Master Plan Announcement.
IF we are a part of the Infrastructure Plan Announcement, then IMO it has to be our Storage Facility and/or the San Fernando. But even then, those are so closely tied to the Isthmus.
We’ll see what happens.. either way, we are on the cusp!!!
Ah Saluki, we just received today an update from MX that they will soon announce the natural gas plans for the Isthmus. That’s huge!
Also, we finally were given a hard date for the infrastructure plan announcement. It’s happening this coming Monday.
It’s a good time to be encouraged!
Wooooow!!!!! Yes, soon!!!
Oh sorry Macod- that sentence about our shortest project being 3-6 months was my commentary about Mirage.
GREAT NEWS
AMLO met with The Business Council (CCE) yesterday @ noon to discuss the Infrastructure Plan. It will be announced this coming Monday, 10/05.
https://www.forbes.com.mx/economia-plan-para-reactivar-economia-se-presentara-el-proximo-lunes-cce/
Do note for a healthy dose of cynicism, De Valle was reported after the meeting to have said that, “some “very short-term” projects will be announced first, but then new ones may be incorporated thanks to a mechanism created especially to follow up on the plan.” Our shortest project is 3-6 months to completion and is dealing with the isthmus. Then again, Salazar was reported in the same article as saying that “All infrastructure projects” will be announced. Maybe there is truth to both statements.
Also, most of us here are not anticipating the infrastructure plan as much as we are The Isthmus Master Plan announcement that I posted about last night. As Marin said on 9/4, it would be presented by the end of the month. The only possible delay, according to him, was if a spike in COVID cases would hinder the Singaporean company’s trip. AMLO said this morning Mexico has had 9 straight weeks of declining COVID cases. Singapore also has declined a ton since the beginning of August. We should be in the clear.
Great things ahead!
Interoceanic Corridor Master Plan will be delivered at the end of September
Coatzacoalcos | 2020-09-04 | Heder López Cabrera
It will be at the end of September when, possibly, the Master Plan for the Interoceanic Corridor of the Isthmus of Tehuantepec ( CIIT ) will be delivered , unless the Covid-19 pandemic prevents consultants from Surbana Jurong , a Singapore company that carries out this project, from doing some activities. revealed Rafael Marín Mollinedo , general director of this decentralized public body.
"That should be done soon, no more than a month, they were late (in delivering it) because those from Singapore could not come because they were not allowed to fly, but they are already at the final points to deliver the project," confirmed Marín Mollinedo .
The CEO of the CITT indicated that both the Government of Veracruz and Oaxaca are the one who paid the preparation of the Master Plan of the CIIT , even amounting to one million 200 thousand dollars.
“(The Master Plan) is an analysis of the perspectives of the corridor, what should be done, how are the logistics chains that are going to be included here… it has to do with the location and vocation of the industrial properties , and how we should apply the long-term perspectives of what the Interoceanic Corridor is going to be, "said the federal official.
The CIIT will benefit 33 municipalities in development poles, in addition to having the exemption of some taxes, in addition to employment.
***OUR OIL PROJECTS WILL BRING IN $1.4 BILLION USD IN ANNUAL INCOME TO THE C||T*** we are the crown jewel of this entire program and our revealing is within days away.. no more than a month from 9/4 and possibly before the end of September.
https://diariodelistmo.com/coatzacoalcos/plan-maestro-del-corredor-interoceanico-sera-entregado-a-finales-de-septiembre/50040471
Supertankers are they? I actually don’t think they are, nor those lines pipelines... All cargo, roads, and trains at this point.. but the oil and gas details are coming. That’s our announcement.
$$$ MRGE $$$
Definitely. That room is key.
.1998
We are about to cash out.
Every share sold, is a share of regret.
$ilence before the $torm
1st week of October.. we need an update out of MX though to ensure we are still on
track. Also, the isthmus Master Plan is to be announced this week (according to Rafael Marin on 9/4).
Hopefully both events are on pace to happen as planned. From there, Mirage will unleash.
Cheers!
Good morning all, I'm new to the board.
Lots of good DD here. I also have for a while now believed in the therapeutic benefits of microdosed psychedelics. Not until last week did I stumble across MindMed.. They are in EARLY on something that I believe will soon wipe out antidepressants..
IT DID HURT when I was only a couple of days in on reading about the company and it shot from 34 cents to 70 LOL. I believe it has a long ways to go. I likely will start my initial position in the next 1-2 weeks.
Question for the board, how is it possible for these guys to uplist to NASDAQ? Doesn't that require $3-$5 PPS?
Although custom for him him to stay thru the weekend.
It feels like there has been a lot to do in Mexico.. Many many trips over the last 8 weeks and they are seeming to last longer than anticipated each time.. Not due to delays but progress.
The announcement is pending, hopefully this coming week as Rafael Marin suggested three weeks ago. That's what us shareholders want. But what else has been transpiring that gives this announcement it's substance?!
Jaded New Yorker are ya?
Good stuff TaGc84.. It makes perfect sense for Ward to be in Mexico the very same week the Isthmus Master Plan Presentation is to be given... His projects must be announced during it!
Last I saw was Rafael Marin on September 4th saying it had to be presented by the end of the month.
Really would have liked to have seen this week an update with a hard date scheduled.. Oh well. We'll see what happens!
Agreed!
What’s the significance?
Don’t sleep!
I fear the mud in the face.. and I have ONLY been wrong with the timing of this thing.. but here we go again::
I’m thinking things get finalized sometime between Friday and this weekend and HOPEFULLY we hear about it the first part of next week. However, in the event we are unable to hear about it until MX first has the mic:
I expect MX to speak on the isthmus NEXT WEEK.
I expect MX to speak about the energy plan the week after!!!
And financing PR somewhere between those announcements or immediately following
“Ours are the best projects Mexico has.”
-Michael Ward
Go Mirage!!!
Forecast shows the major $torm to hit the MRGE stock price next week
Might need one more good weekend.. week of the 28th. What do you say?
Per Jackpot's advice, I drink a full one daily.
I also have lost my mind in Mirage.. Tweets, articles, Spanish to English, English to Spanish.. Google, Google, Google.
Ready to be done!!!!
Well, there you have it! THOSE connections are going to connect US to the value. Just needs to be revealed! It's almost time for us to "Start spreading the news!.."
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I wonder if it was Sussman who got us hooked up with Salvador Moreno? That's value.. Looking forward to hearing the scoop on the Northern Hemisphere Logistics deal. I bet it was both needed & lucky.
Its just something that's been planted on my mind.
https://www.linkedin.com/in/sollsussman/
Need, I hope you're right! It is true tho, we've only seen 1 PR released on a Friday in the last 3 years.
Week of the 28th for me, provided that the Isthmus Master Plan is indeed presented at the end of the month
Your patience has grown since the days of the groundhog!!
Worth noting when you read the whole Rafael quote (from 9/4 btw) that he says "possibly" because IF COVID ended up preventing the Singaporean company from carrying out certain activities, it would delay the trip.
I just checked the COVID cases in both Mexico and Singapore; they are continuing to decrease. Keep on that pattern and we should be in the clear!
It will be at the end of September when, possibly, the Master Plan for the Interoceanic Corridor of the Isthmus of Tehuantepec (C||T) will be delivered..."
- Rafael Marin
https://www.google.com/amp/s/diariodelistmo.com/amp/coatzacoalcos/plan-maestro-del-corredor-interoceanico-sera-entregado-a-finales-de-septiembre/50040471
This is coming from the same guy at the head of the table (with Ward) in the tweet from last week:
https://twitter.com/Pedro_Matar/status/1304232299798638592/photo/1
Man.. The National Labor Union, C||T, PEMEX.. We are bringing a lot of work to the Mexican people and $,$$$,$$$,$$$'s directly to the MX government. No wonder what Michael meant by saying his projects are "sound".
QUOTE:
"I have seen four government administrations pass by and there are always political shifts. But in the end, it always seems to work out as long as the project itself is sound. In the end, it is truly about the Mexican people. I have had very good experiences working with PEMEX and CRE."
https://mexicobusiness.news/energy/news/ready-move-crucial-natural-gas-infrastructure-projects
Not sure, any ideas? Maybe they represent the Hidalgo state for the Labor Union.
Another Ward sighting with the Mexico Labor Union:
It is from February 28th, but with how things were put on hold with the pandemic, it is more relevant today than things typically are 7 months later.
Notice in the second picture, all eyes appear to be on Ward (or the person standing directly behind him). Sitting in the center seat, place of influence. Notice the head of the Labor Union is sitting directly across the table from Ward. Jesus once again right next to Ward (in the blue - i think that's him). This is our work force. Looking forward to joining in on the celebratory dinner!
Pic 1:
https://www.facebook.com/SNINFRA/photos/a.1114304165330141/2810853779008496
Pic 2:
https://www.facebook.com/SNINFRA/photos/a.1114304165330141/2810853755675165
Long live Stink!!!
Yes - I’m with Need4speed.
Only I think the end of this month with the Isthmus Master Plan!
Hey WINNER, I agree she is causing issues.. like that article that Zach had posted.. Alfonso Romo can get her to comply on which projects to include in the Energy Plan. Isn’t it funny that these CCE business men are always so bullish on this Plan being announced in “next week” or “in 10 days” or “in two weeks”? It seems like they drink from the same fountain of confidence as Ward. They must know/see something that tells them it’s going to go their way.
After reading these BNAmericas articles you posted, Macod. It doesn’t even seem clear that this economic reactivation plan does include the energy plan that we had anticipated all early 2019. Like the article had stated, some sources think it’s included and others don’t. Honestly, I think it would be a great thing if our projects are not tied to it. Renewable energy and farm out disagreements are keeping that enormous monster on hold... and unnecessarily so, seeing that natural gas infrastructure (imports from TX) are (mostly) immune to political uncertainty.
More positives, the isthmus master plan is certainly not tied to that slow moving Energy Plan. It was revealed in one of those articles you posted, Macod, that there is a single entity (comprised of three different companies) being setup for the Transportation and storage of cargo vessels. That would make sense that they also desire a similar setup for the transportation and storage of fuel.. Pemex, C||T, and Northern Hemisphere logistics. That was a good point that you brought up. Lastly, the Singaporean company that is directing the Isthmus program is giving the presentation of the Isthmus Master Plan. Surely, they are at AMLO’s discretion, but there really is no reason as to why this presentation would be delayed like the energy plan has been.. Much fewer political disagreements take place within the context of AMLO’s pet mega-projects. I am fully expecting to see the slides of our new 245km oil lines!!!
Stink, after the CCE met with AMLO yesterday at 11am, they said in an interview afterward that the Energy Plan would be presented the first week of October. So, between that and the Isthmus Master Plan being presented at the end of this month, we should have our treasure. This could actually work out very well with all of our projects being presented within 1 week’s time of each other. Also, who know if Ward throws us a bone in the meantime. I hope he does!
This isn’t disappointment. It only sucks if you could have bought MORE shares with a cheaper share price. Remember the things we’ve seen. One day, this day in and out price action will be irrelevant. In that time, when the price goes from $1.23 to $1.20, we won’t bat an eye.