MMEX Resources Corp (MMEX)

[I FAR I]

MMEX... One of the first refineries to be built in over 40 years in the U.S.

"This is a great project. It has robust economics in it." Jack Hanks

https://www.mmexresources.com/pdf/190415_MMEX_April_Shareholder.pdf

"Product Off-Take Agreements. We have signed a diesel off-take with Pilot Thomas Logistics for sale of the diesel at our plant tailgate. We are down to the final terms with an international oil and trading company to purchase both our naphtha and residual fuel oil, and we have been negotiating terms sheets and contracts since November 2018."

https://www.mmexresources.com/pdf/MMEX_Shareholder_Letter_May_2019.pdf

"We have now reached agreement for our Residual Fuel (“ATBs”) off-take with a SUPER-MAJOR ENERGY AND TRADING COMPANY. We will rail the ATBs to the Texas Gulf Coast Markets points of delivery they designate. Our Residual fuel oil that is planned to meet the IMO 2020 Sulphur standard is a highly sought-after marine fuel beginning January 1, 2020. Along with our projected Diesel sales, these two agreements place 70% of our planned production under off-takes with extremely strong balance sheet buyers."

JACK HANKS really is One Smart Business-Man!!


“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.”

MMEX ... GET YA $OME!!!

Float of 27.1 M
Potential ROI = POSITIVELY AWESOME

Take care of the Pennies, Nickles and Dimes and the $$$$$$$$ will take care of THEMSELVE$!!!