Friday, August 31, 2018 12:31:03 PM
I myself have gotten business loans of under a million or so a couple times in my life. So is this the same situation as mine except on a much bigger scale. Pretty sure it is.
So that leaves us with the one and only question here, easy right, will they get the loan and will MMEX explode upwards.
I do not see why it wouldn't. I mean all's a guy needs is a solid business plan to pay the money back, right.
So we all sit here with are thumbs in are A@@ and wonder if they will get the loan. Just one variable to the equation. If all stock picks were this easy. Are they going to get the damn loan or not.
It's like a construction loan. Borrow the money and pay it back with revenue. Hell we would go up big if shareholders paid the interest until the projects done. DONE deal. Other then state approval of the first Refinery in decades, easy right.
50 million dollar loan at 10 percent, what 420k a month interest for 6 months or so. Absolute worst case scenario. Most likely deferred interest until up and running right. Seems so easy what I'm I missing here.
Build the damn thing already, the US needs a few modern back up refinery's imo. Sell to Mexico at a premium.
Rant over.
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