Tuesday, March 19, 2019 11:11:45 AM
MMEX Resources Corporation (OTCPK*: MMEX) is
developing a refinery in Fort Stockton, TX (Pecos County).
• Fully permitted, EPC contracts & off-take agreements in
final negotiations
• 10,000bpd CDU (Diesel/Naphtha/Residual)
• Expected to be operational approximately 12-15 months
after funding
• Estimated Project Cost of $93 MM
Financial Projections
•Refinery (Full-Capacity) Pro-Forma
• Annual Revenue - $36 million (The approx. equivalent of $10/bbl to refine 10k/bpd of crude = $100,000/day revenue (with time off for Xmas holidays)
• Annual EBITDA - $26 million
• Annual FCF - $9 to $14 million
NOW...Think of what 100,000 bpd revenues will do for the share price and I don't even need to go into detail about the company's Valuation when the CDU and 100,000/bpd Full Scale Refinery is completed!
That is 10x the production and revenues of the CDU + a Valuation to blow your mind = WOOOOOOOO-HAAAAAAAAH
Shares: 37,491,977 Outstanding with Float of 31,430,599 = Awesome ROI
MMEX is a Hot Ticket so DONTCHA DARE MISS IT!!!
“Texas is No. 1 … We are the No. 1 oil and gas producing state. If we were our own country, we would be the 10th-largest producer in the world. We have surpassed nations in the Middle East … and a lot of that has to do with what happens right here in the Permian Basin.”
https://www.mmexresources.com/pdf/Investor_Presentation_February_2019.pdf
https://www.mmexresources.com/
MMEX RESOURCES
Leveraging Global Demand
for Energy Assets Located in the Americas.
It's not the Ups and Downs that make life difficult -- It's the JERKS!
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- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/29/2024 04:55:42 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/14/2023 03:11:12 PM
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