Thursday, March 28, 2019 1:06:07 PM
First a 10k/bpd CDU and then a 100k/bpd Full Scale Refinery is being built - One of the first in the U.S. in over 40 years!
https://www.mmexresources.com/pdf/Investor_Presentation_February_2019.pdf
On Pg.7 of MMEX Investor Presentation: Proposed Financing
•Estimated cost of project - $93 million (includes owner cost + contingences)
•Currently evaluating financing options:
• 80% debt
• Evaluating term sheet
• 20% equity - requirement estimated at $15 to $20 million (MMEX has contributed $5 million to date)
• Options include: direct investment in the project LLC with MMEX retaining an equity ownership or
investment into MMEX to fund project equity.
Revenues for MMEX will be in the $100s of millions of dollars annually because...
“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.”
So, it doesn't matter if the current share price is .03 (a blessing) right now or in a short time it's $0.30, the price will still be a blessing and yet small change compared to where this stock price and company will be when the multi-million dollar revenues start coming - And that is the TRUTH.
"This is a great project. It has robust economics in it." Jack Hanks
There's just 27.1 MM shares in the whole MMEX Float with $100s of millions of dollars yearly soon to be on tap & that will give an Extraordinarily Awesome ROI.
Can you dig it?
Can You Dig It!
CAAAN YOUUUU DIIIIIIG IIIIIIIIIT
MMEX - Be ahead of the curve - Get Ya Some!
It's not the Ups and Downs that make life difficult -- It's the JERKS!
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