Replies to post #79143 on MMEX Resources Corp (MMEX)

[AmericanPharaoh]

That is a nice little find on page 19......lol.

[jmjjw]

That is MMEX's internal estimate on the probability of financing - it is not meaningful, or independently validated or sourced.

If this estimate were lowered, the calculative derivative liability would be huge - if it reflected zero, the true probability, the derivative liability would be astronomical.

This is not a key find, or meaningful in any way - it is an artifact of how derivative liability is calculated.

pg 19 - 'Probability of future financing was estimated at 100%'

Can anyone shed any light on that?

TIA