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While your sector and process knowledge is certainly impressive and enviable I have to agree with CEO. It doesn't matter!
swim
Financing is a done deal.
swim
That's really all that matters.
$$$$MMEX$$$$
swim
Drilling operations seems pretty broad. With no sector knowledge I don't want to speculate on the various uses. Pilot Thomas does have sector knowledge so I'm sure they can find a use for it.
swim
I wonder what they're going to do with it, do you think it matters?
swim
It's irrelevant.
swim
Pilot Thomas is buying. Where they use it is of no concern.
swim
Nice diversion but not the topic of discussion. In any event we've been told ad nauseum that if it's not in an 8k it's not real. That would also mean the inverse is true. And it's in an 8k.
swim
I believe the 8k.
swim
That's really irrelevant since Pilot Thomas is buying the diesel. What they do with it should be of no concern. I have no sector knowledge but I can read.
swim
Nope you're wrong.
swim
That's smart to grab some of these cheaps before we explode on financing news. I'm glad you're on board.
swim
Yes I'm excited too, great things are happening here. MMEX is building a refinery the first in 47 years.
swim
I'm excited too! MMEX is building a real refinery!
swim
I have to agree with you that since longs know financing is secured we're taking advantage of these prices to add before the 8k comes out.
swim
I think you're too optimistic, we probably won't see a dollar in May but 50 cents is not out of the question.
swim
You're right with financing a done deal he won't need them anymore. I have to agree that we'll see the 8k in the coming weeks.
swim
I appreciate your concern over the current PPS and agree that in a few weeks when we see that 8k announcing financing it will move up.
swim
So you agree that financing is a done deal.
swim
I wonder what the excuses will be when financing in announced:
1. It doesn't matter
2. That's not what the 8k really says
3. I'm going to tell the lender it's a scam
4. The money won't ever be loaned.
$$$$MMEX$$$$
swim
Nope.
swim
You're wrong.
swim
It's a done deal, not much time left.
swim
MMEX is building a refinery.
swim
Financing is a done deal.
swim
Let'a not forget this:
MMEX: The growing list of people and companies that believes Jack Hanks, aka Mr. MMEX is building a refinery grows longer.
1. Vfuels
2. KP Engineering
3. Chris Alexander, mayor of Ft. Stockton
4. Ft. Stockton Chamber of Commerce
5. Interstate Treating, Inc., Primary contractor for the engineering, procurement and construction
6 Penta Operating, LLC, aka Penta Petro trucking-to transport refined products from the project’s first phase.
7. Pilot Thomas Logistics (Off Take agreement)
8. Via Rail Engineering
9. Texas Pacifico-South Orient RR
10. Rama Fabrication Inc
11. Jack Hanks
12. 99% of the individuals that have purchased shares (There seems to be a few shareholders that don't believe)
13. Ryan Sitton-Texas Railroad Commission
14. Pecos County Judge Joe Shuster (
Actually the facts show this:
(((MMEX))) April 10, 2018 Congressman Hurd on MMEX Oil Refinery-"This will be the first project of its kind built in the United States in 47 years"
Hurd on the Hill: Energy Security is National Security
https://hurd.house.gov/media-center/hurd-hill/hurd-hill-energy-security-national-security
April 2, 2018
MMEX NEWS Shareholder Update Letter
Execution of Financing Term Sheet on March 29, 2018
https://www.mmexresources.com/pdf/MMEX_Shareholder_Letter_April_2018.pdf
22 March 2018
MMEX Recent Update....U.S. Rep. Will Hurd (TX-23) to Visit MMEX’s Pecos County Refinery Site, Ride Texas Pacifico South Orient Railroad Hy-Rail Car on March 26
http://www.mmexresources.com/pdf/Rep_Will_Hurd_Pecos_County_Refinery.pdf
March 5, 2018
MMEX Resources Corp. Announces Diesel Product Sales (OFF-TAKE) Agreement with Pilot Thomas Logistics for Pecos County, Texas Crude Oil Refinery Project
http://www.prweb.com/releases/2018/03/prweb15275764.htm
March 5, 2018
MMEX Resources Corporation Shareholder Update
http://www.mmexresources.com/pdf/MMEX_Shareholder_Letter_March_2018.pdf
February 21, 2018
Road Construction Started...Trucking Transportation Agreement Entered
MMEX Resources Corp. Commences Road Construction, Enters Trucking Transportation Agreement for Pecos County, Texas Crude Oil Refinery Project
http://www.mmexresources.com/pdf/MMEX_Commences_Road_Construction.pdf
15 FEBRUARY 2018
MMEX Resources Corp. Commences Detailed Engineering Phase for 10,000 Barrel-Per-Day Pecos County, Texas Crude Oil Refinery Unit
http://www.mmexresources.com/pdf/MMEX_Engineering_Phase.pdf
09 February 2018
SEC deemed the S-1 completely effective.
https://www.sec.gov/Archives/edgar/data/1440799/999999999518000365/9999999995-18-000365-index.htm
29 January 2018-MMEX Shareholder Update
http://www.mmexresources.com/pdf/MMEX_Shareholder_Letter_January_2018.pdf
09 January 2018
MMEX NEWS: Vfuels completes FEED for MMEX Resources Corp. (09 Jan. 2018)
http://www.vfuels.com/news/2018/1/9/vfuels-completes-feed-for-mmex-resources-corporation
05 January 2018
http://www.texansfornaturalgas.com/pipeline_projects_move_ahead_to_tackle_rising_texas_shale_output
Pipeline Projects Move Ahead To Tackle Rising Texas Shale Output
Friday, January 05, 2018
4 December 2017
Officials Mark Rail Rehabilitation Projects
https://www.txdot.gov/inside-txdot/media-center/statewide-news/027-2017.html
20 November 2017
First Refinery To Open In 40 Years In U.S. Breaks Ground In West Texas
http://www.oann.com/first-refinery-to-open-in-40-years-in-u-s-breaks-ground-in-west-texas/
18 November 2017
Historic oil refinery in Pecos County to create ‘significant economic impact’
https://www.oilfieldjobshop.com/news/historic-oil-refinery-pecos-county-create-significant-economic-impact/ ;
19 OCT 2017
Meet a penny stock company with big plans in West Texas
https://www.bizjournals.com/sanantonio/news/2017/10/19/meet-a-penny-stock-company-with-plans-to-build-a.html
30 August 2017
MMEX Resources Corp. Secures Permit Approval for 10,000 Barrel-Per-Day Pecos County, Texas Crude Oil Refinery Unit from the Texas Commission on Environmental Quality
http://www.mmexresources.com/pdf/MMEX_TCEQ_final.pdf
30 August 2017 8-K
http://www.mmexresources.com/secfiles/MMEX-Form-8-K-8-30-17.pdf
09 August 2017
MMEX’s Hanks celebrates new state-of-the-art refinery milestones
http://www.mmexresources.com/pdf/BIC_August_2017.pdf
04 August 2017
TxDOT Receives U.S. DOT Grant for Rail Bridge Construction
Texas Department of Transportation
http://www.txdot.gov/content/txdot/en/inside-txdot/media-center/statewide-news/013-2017.html
01 August 2017
MMEX files permit application for first phase of proposed refinery
San Antonio Business Journal
https://www.bizjournals.com/sanantonio/news/2017/08/01/mmex-files-permit-application-for-first-phase-of.html
31 July 2017
MMEX Resources Corp. purchases 100+ acres for Pecos County project
KOSA-CBS
http://www.cbs7.com/content/news/MMEX-Resources-Corp-purchases-100-acres-for-Pecos-County-project-437675433.html
31 July 2017
MMEX closes on acreage for new Texas refinery, first in decades
Midland Reporter Telegram
http://www.mrt.com/business/energy/article/MMEX-close-on-acreage-for-new-Texas-refinery-11720166.php
31 July 2017
MMEX closes on acreage for new Texas refinery, first in decades
Houston Chronicle
http://www.houstonchronicle.com/business/energy/article/MMEX-close-on-acreage-for-new-Texas-refinery-11720166.php
31 July 2017
MMEX Resources Corp. purchases 100+ acres for Pecos County project
San Antonio Express-News
http://www.cbs7.com/content/news/MMEX-Resources-Corp-purchases-100-acres-for-Pecos-County-project-437675433.html
31 July 2017
MMEX Resources Corp. Announces Land Acquisition for Pecos County Refinery Project
http://www.mmexresources.com/pdf/MMEX_Announces_Land_Acquisition.pdf
26 June 2017
MMEX Resources Corp. Announces Strategic Relationship with VFuels on Construction of 10,000 Barrel-Per-Day Crude Distillation Unit in Permian Basin
http://www.mmexresources.com/pdf/170626_MMEX_VFuels_Press_Release_Final.pdf
19 June 2017
MMEX Resources Corp. Secures Equity Agreement for Pecos Refinery
Midland Reporter-Telegram
http://www.mrt.com/business/oil/article/MMEX-Resources-Corp-secures-equity-agreement-for-11226176.php
14 June 2017
MMEX Resources to Build Crude Distillation Unit (Quotes Jack Hanks)
Hydrocarbon Engineering
https://www.hydrocarbonengineering.com/refining/14062017/mmex-resources-to-build-crude-distillation-unit/
13 June 2017
MMEX Resources Corp. Reaches Agreement as part of Plan for $450 Million Refinery (Quotes Jack Hanks)
KOSA-CBS.
http://www.cbs7.com/content/news/MMEX-Resources-Corp-reaches-agreement-as-part-of-plan-for-450-million-refinery-428294033.html
13 June 2017
MMEX CEO Jack Hanks presents at Southwest Energy Summit in Roscoe, Texas
http://www.mmexresources.com/pdf/MMEX_Southwest_EnergySummitPresentation.pdf
13 June 2017
MMEX Resources Corp. Secures $3M Equity Agreement, Announces Plans to Start Large-Scale Permian Basin Refinery with 10,000 Barrel-Per-Day Initial Unit
http://www.mmexresources.com/pdf/MMEX_3M_Funding_10000_BPD_News_Release.pdf
08 Jun 2017
MMEX Resources Corporation to present at 9th Annual Southwest Energy Summit
http://www.mmexresources.com/pdf/MMEX-Presentation-SouthwestEnergySummit-June2017.pdf
Haven't seen that yet but we do have a long list of those who believe.
swim
Same to you CJ, have you heard? MMEX is building a refinery, they have a 49 million dollar term sheet.
swim
No twisting of words, no tricky use of quotation marks just getting it done. The first in 47 years!
swim
MMEX is building a refinery!
swim
While the demoters posting from who knows where like to twist and misquote words, put key terms in "quotation marks" as though that nullifies them and write or copy/past volumes, this post albeit long from someone who has been there, quoted below carries much more weight for me. Who are you going to believe?
sitruc1956 Wednesday, 04/18/18 02:24:47 PM
Re: Mithrandir67 post# 97803 0
Post # of 97821
I don't like the dilution either and a have a lot of shares and will be very happy when it hits a nickel.
If I hadn't been out there and saw the City govt people the County people, the Economic development people, the people that are building the units, the railroad people and then following up with visits with workers for the railroad about repairs and getting positive feedback along with many subsequent trips back to the site to see old survey stakes replaced by new ones and then to show up one day to see a track hoe sitting on the right of way of a pipeline replacing sections of pipe and it's on MMEX's land and there weeks later when I return I see them building a road to this land, I have no choice but to have faith.
It's easy to write garbage after someone posts and it doesn't cost anything but a few minutes to do it.
But when you re-survey your land and start paying a construction company to come in and build a road and a fencing company to build a fence along this road then you're probably pretty serious about what you are doing.
Everything that Jack has said that he was going to do he has done it.
He has had some pretty high costs in getting it done but he is getting it done and the stock price has taken a beating through it all but in the end I think that the struggle will be well worth the wait.
And about that faith, it didn't just come out of thin air it came from reading, walking down railroad tracks, dodging javelina hogs while walking through mesquite trees. (I'm not looking for no attaboys, I did this so that I could make my decision)
AND I do think that Jack has a share selling scheme (I view it as a plan) in place but I don't think it is quite in the same way that some would like to portray it, I think that he is interested in selling hundreds of millions or even billions to institutions at a very high price.
All of them?
swim
X 20 million = luxury box at the Superbowl. Lol
swim
There hasn't been a pig roast here yet but there will be. Haven't you heard? MMEX is building a refinery, the first in 47 years.
swim
UPDATED LIST:
MMEX: The list of people and companies that believes Jack Hanks, aka Mr. MMEX is building a refinery grows longer.
1. Vfuels
2. KP Engineering
3. Chris Alexander, mayor of Ft. Stockton
4. Ft. Stockton Chamber of Commerce
5. Interstate Treating, Inc., Primary contractor for the engineering, procurement and construction
6 Penta Operating, LLC, aka Penta Petro trucking-to transport refined products from the project’s first phase.
7. Pilot Thomas Logistics (Off Take agreement)
8. Via Rail Engineering
9. Texas Pacifico-South Orient RR
10. Rama Fabrication Inc
11. Jack Hanks
12. 99% of the individuals that have purchased shares (There seems to be a few shareholders that don't believe)
13. Ryan Sitton-Texas Railroad Commission
14. Pecos County Judge Joe Shuster (
They think going long means holding over night.
swim
MMEX is building the first refinery not in 41 years but the first in 47 years.
swim
The first in 47 years.
swim
No ambiguity here, no waffling, and we know how politicians love to waffle. Congressman Hurd said definitively "This will be ".
swim