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In the contract he started he was in talks with the railroad
1.4 Memoranda, Discussions with Texas Pacifico RR, for transportation of Crude Oil and Refined Products.
Except maples shares won't be sold on the market, so no worried
Actually, getting the permits is permission to print money. Refineries are money making machines. As I said much earlier, don't be surprised if Mexico throws money at them. Like the one here in Canada, the Chinese coughed up 28 billion in exchange to be sold all the gas and diesel that would be produced . In mmex case, they want to fill the huge void in Mexico who import 60% of its fuel.
And that one is waiting on permits, as it's in northern BC, and those folks are opposed to oil. As soon as environmental is done, it's being built
As I've stated, there is billions of dollars, in private money being invested in the Permian, if they get the permits , it's a done deal. A guy up here in Canada got 28 billion in private funding for a refinery.
Hanks is far from broke, and 145k is a pretty insignificant amount of money. As I've said time and again, if they acquire permits, they won't have to find the funding , it will come calling
Just a t trade
Wrong on all accounts
Debt, he's clearly stated that
Lol u don't actually think that's frank
Anyone with lvl2?
The owner of the land can lease/sell interest In The minerals.
No worries brother, good luck here, make some $$
Someone shoot me, I've agreed with glow
Hmm funny considering I live and work in the heart of oil country. And your wrong.
You can't purchase land without the mineral rights coming along with it.
His land was listed at 176k
If that's not hat the money will as used for yep. The asking price on the land was 176k they borrowed 145k.
It's also really close to the asking price of the land, just saying
I would t call 145k diluted it's an insignificant amount of shares
So I noticed someone's DD showed the land at an asking price of 176k I am curious now if they closed on the deal, with the current loan taken for 138k
"Know what you own, and know why you own it"
Dude it's a shell, it will no longer be a shell.
Nah, in it cause frank can pump it up a few ticks from here easily
Probably a great move there's nothing for sale, last I saw was 70,000 . Easily have this thing jump to pennies
The amount of equity to be givin is yet to be determined for the project. So it's irrelevant. The 145k is like u said a drop in the bucket.
No one is selling, or buying
Except they have millions of dollars of shares , we have 145k , big difference. You wouldn't even notice if they sold them all in a day
Except they don't have enough shares to tank the price lol, we do many times that in volume everyday.
Lol 10 million shares is major dilution?
There's a ton of money being dumped into the area! 28 billion in private investment included
Ok folks, I live and work in the heart of oil country, bottom line is production has risen dramatically, and the amount of refining space hasn't kept up. Lots have been upgraded, and expanded but it hasn't been enough , new ones have to, and will be built. Will MMEX be one of those, time will tell.
Also demand from Mexico is huge . They import 60% of their fuel
And your wrong again, refinery allows storage space, which is needed badly down in the us
It'll stay here till frank stops selling
So you keep saying, and it just doesn't happen lol. Go smoke another
Anyone with lvl2? What you got for numbers?
Maple didn't borrow it, mmex did
You have done no DD , that's apparent