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Re: Mithrandir67 post# 117355

Thursday, 05/16/2019 8:37:24 AM

Thursday, May 16, 2019 8:37:24 AM

Post# of 122540
Well if the the next few months are like the last few, much will be accomplished. The last few months have been very fruitful with everything in place but financing. Its ready to go in every other respect. MMEX says in their latest communication - "We have been engaged continuously with our Lender since March 2018. As a debt fund they have proposed to provide the debt funding of our total costs in the range of 70% to 80%." Upon financing, this will be quick out of the gate. Everything else is ready. Now maybe they won't get financing, but if they do... .

What we do know is that MMEX is presenting in tandem with Vfuels (the company chosen to build the CDU) on the topic of project financing and modular units at an oil and gas conference in Cyprus that has, and has had, some very large and reputable companies in attendance. Draw your own conclusions.

IMO
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