MMEX Resources Corp (MMEX)

[KEEMAJO]

MMEX CEO, "there’s plenty of financing available">

Quote:
When will you close on the land for the refinery?
We can close at any time up to 180 days. We built quite a bit of time in there in order to finish due diligence. We’ve got to finish up some easements and things like that, so we wanted to build in some time. Other than that, we can really close at any time. We just wanted to know where we’re going to be, and anything else spins off of that with the environmental studies and the permitting.

It’s basically project financing 101. You’ve got to have the location. You’ve got to have the feedstock. You’ve got to have the offtake agreements. You’ve got to have the permits. And with that, ************there’s plenty of financing available************


Quote:We’ve got two major power lines that come right through the property. That’s another significant factor for us. Power is readily available.