Thursday, April 05, 2018 9:49:55 PM
As CEOs had reminded me, this evening, of the EPC agreement that's in progress, it jogged my memory about a small point that I wanted to express a couple of nights ago before I decided the subject of parties with potential skin in the game became more important (like $10's of millions in revenue for numerous parties!!).
So the idea in mind simple revolved around timing of the completion of the EPC agreement and how little time I might actually have left to secure enough profits in other stocks so I can put those profits to work here.
So the press release about the EPC agreement was on Feb. 15th, and a couple of decades ago I would have easily assumed that would take 3-6 months to complete. However, with modern software on hand (as you can on the intertreat.com web site), it means the 3d models and chemical analysis part of the project could be progressing along quite rapidly.
And since an excerpt from that PR states...
"Our prospective project financing sources require that a turnkey agreement be in place with established EPC firms as a condition of their financing, so this is a critical step towards that end."
...that means I might have 3-6 weeks max before I might miss the boat if project financing comes sooner than I think.
The software packages they are using are very powerful and since they've been working on it for 6 weeks already, who knows when they could surprise us at any time with a finished EPC agreement and the subsequent project financing that it could bring.
I've done my share of missing out on big runs while trying to squeak out some extra profits elsewhere. I won't miss this one, but I still want a lot more shares! Just food for thought if you're considering MMEX as an investment and haven't yet taken a position!!!!!
So the idea in mind simple revolved around timing of the completion of the EPC agreement and how little time I might actually have left to secure enough profits in other stocks so I can put those profits to work here.
So the press release about the EPC agreement was on Feb. 15th, and a couple of decades ago I would have easily assumed that would take 3-6 months to complete. However, with modern software on hand (as you can on the intertreat.com web site), it means the 3d models and chemical analysis part of the project could be progressing along quite rapidly.
And since an excerpt from that PR states...
"Our prospective project financing sources require that a turnkey agreement be in place with established EPC firms as a condition of their financing, so this is a critical step towards that end."
...that means I might have 3-6 weeks max before I might miss the boat if project financing comes sooner than I think.
The software packages they are using are very powerful and since they've been working on it for 6 weeks already, who knows when they could surprise us at any time with a finished EPC agreement and the subsequent project financing that it could bring.
I've done my share of missing out on big runs while trying to squeak out some extra profits elsewhere. I won't miss this one, but I still want a lot more shares! Just food for thought if you're considering MMEX as an investment and haven't yet taken a position!!!!!
Recent MMEX News
- Form 8-K - Current report • Edgar (US Regulatory) • 04/21/2026 01:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 03/10/2026 08:43:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/11/2025 07:26:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/23/2025 11:23:42 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/15/2025 04:46:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/02/2025 04:43:29 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/29/2025 06:02:59 PM
