MMEX Resources Corp (MMEX)

[Supernova12]

Here is a condensed version of what Doty Scott Enterprises could be using to appraise, or provide a valuation for $MMEX$:
How To Value A Young Company
https://www.forbes.com/2009/09/23/small-business-valuation-entrepreneurs-finance-zwilling.html

Technique No. 1: Asset Valuation (This is the one I hope they use in addition to the tangible assets like the land they own)
Of all valuation approaches, the asset approach–placing dollar values on all the assets on a company’s balance sheet and adding them up–is the most concrete.[.....] continued.

Technique No. 2: The Market Approach

Another way to look at valuation is by estimating a company’s earning potential based on theoretical demand in the market.

Start by estimating the size and growth of your addressable market. The bigger the market, and the higher the growth projections (ginned up by independent analysts), the more your start-up is potentially worth. For a young, asset-light company looking to attract deep-pocketed investors, the target market should be at least $500 million in potential sales; if your business requires plenty of property, plants and equipment, the addressable market should be at least $1 billion [.....] continued.

Technique No. 3: Income Valuation

The method, used extensively by financial analysts, involves projecting a company’s future cash flows and discounting them, at some rate, to arrive at their value in present dollars. The discount rate applied to start-ups is typically steep–from 30% to 60%. [.....] continued.

$MMEX$ Brace Yourselves

Disclaimer: This is my DD, my opinion; please verify all Due Diligence and take responsibility for your own trades. Good Luck everyone!