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Wednesday, June 19, 2019 10:58:19 AM
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."
TXPF Track Upgrades and the Presidio-Ojinaga Bridge Construction.
"Last week on our site visit we were able to see first-hand the TXPF rail improvement project from the Sulphur Junction 9-mile section toward Fort Stockton. This section transverses our site.
This week we went to Presidio, Texas to view the TXPF bridge construction at the Presidio-Ojinaga Mexico border scheduled to be completed this June 2019. We look forward to completion of the TXPF work program with enhanced and greater access to markets in Western Mexico by rail. We have included pictures of both the improvement project and the bridge construction on our website."
https://www.mmexresources.com/
MMEX RESOURCES
Leveraging Global Demand
for Energy Assets Located in the Americas.
Words have POWER and Jack Hanks has used his CAREFULLY and WELL...So be careful what you say and wish for regarding another because it can happen to you instead!
“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.”
Take care of the Pennies and the Nickles Dimes and MMEX $$$$$$$$$$ will take care of THEMSELVE$!!!
It's not the Ups and Downs that make life difficult -- It's the JERKS!
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