MMEX Resources Corp (MMEX)

[jmjjw]

Yes, a refinery will be built.

Referring to MMEX, it is unlikely, highly so, very, very, very, very, very (five full very's) that any refinery, or anything other than shareholder losses will be built.

I expect a full financing agreement be announced.

Again, referring to MMEX, that doesn't seem to be in the works - Mad J. has missed yet another claimed, self-imposed deadline. Why would anyone finance an insolvent shell corporation loaded with debt?

Will it be MMEX alone, or a joint venture?

MMEX has no access to capital markets, no assets, and insufficient valuation to do anything "alone" - MMEX offers nothing of value to a JV syndicate, so neither is likely.

Is it possible someone wants to buy out MMEX with all the pre-construction costs and permits?

There is nothing to "buy out" - MMEX has no assets, and its liabilities greatly exceed any potential valuation. There is a single permit - $100, for the TCEQ AQP. This would be the most hilarious acquisition in history.

I do not expect any cancellation of the building of the refinery.

Since nothing is being built, there is nothing to cancel, so this prophecy seems nonsensical.

I believe all loyal shareholders will be rewarded.

Beliefs are largely irrelevant in the face of facts - MMEX is headed to 0.000, sooner than later. I'm uncertain there is any shareholder reward in that descent.