For every day that passes after today's groundbreaking ceremony (empty, devoid of material disclosure), absent any news of $50-million (or according to CBS7's Lauren Tropea, $15-million) in project financing, the PPS should go down.
Share prices increase on positive material disclosure, in a rational world, other than the general rising tide floats all boats, or the converse.
Without project financing, nothing is getting built for MMEX, or any of its shell subsidiaries.
And there is no financing. A groundbreaking without financing. Who'd a thought it?