Thursday, March 21, 2019 1:57:12 PM
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
Check it out -THAT is just from the 10,000 bpd CDU!
Now SERIOUSLY consider what 100,000 bpd from a Full Scale Refinery will do in revenues & for the share price + YOUR portfolio.
Not to mention the company's Valuation when the all is completed!
That will be approx. 10x the production and revenues of the CDU + a Valuation to blow your mind...Can You Dig It?!?
Shares: 37,491,977 Outstanding with Float of 31,430,599 = Awesome ROI
"This is a great project. It has robust economics in it," Jack Hanks
https://www.mrt.com/business/oil/article/MMEX-Resources-seeks-to-make-up-for-lost-time-13634613.php
MMEX shares & ROI are gonna be Mega so Get Ya Some & 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-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/14/2023 03:11:12 PM
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