MMEX Resources Corp (MMEX)

[bildo]

The first part of the refinery build(storage tanks and loading infrastructure)will have to be fast tracked. The time to make money on storage and shipping is now and until piping capacity catches up with production. With production in the Permian expected to increase continuously for a few years, piping may not catch up for a long time. That being said, MMEX is planning on using the storage for the refinery at some point before or after storage and shipping is no longer required. So the window of opportunity to make money providing the required storage is now until the CDU is built (Unless MMEX builds more storage of course). Soooo, in light of this urgency I think the financing for the storage/shipping facility will be sooner than later. That's the only way it makes sense. This part of the refinery will be built ASAP. IMO

MMEX