Replies to post #83070 on MMEX Resources Corp (MMEX)

[pepeoil]

The competition has the upper hand because there is a mature network of pipelines, railroad and interstates leading up to the their refineries from mature oil fields. LOL There isnt crap but a broken down railroad heading the the Mexico border. It would be 20 years and several billion dollars before they could compete with existing refineries. Wake up and smell the coffee, it is a dream. Jack threw it out there and the investors without knowledge bought so he could print shares and sell dreams like he has done forever. LOL This is the biggest joke I have ever seen on the internet.

[CEOs]

And a new state of the art CDU. The competition doesn’t have it to handle this oil like mmex

[jmjjw]

Once again, more incorrect and false information about MMEX.

MMEX's site is on the northeastern slope of the central basin platform, east and south of the productive structures in the Permian Basin.

The closest productive structures are north of the location, in the Midland sub-basin, and east near Ozone and Iraan.

The area to the immediate north is a depleted gas field, atop a sulfur dome, with a long-abandoned mine. Further northwest, off the central basin platform, the productive zone picks up again.

MMEX chose a location remote from the most productive sub-basin, the Delaware. The distance from the producing parts of the basin creates built in logistics and margin problems for MMEX - all feedstock would have to be hauled in. The nearest crude terminals are 35-miles to the northwest, and 37-miles northeast, as the crow flies creating 70+ mile truck trips for at least 50 200-bbl tankers daily, at a minimum of $3/bbl transportation cost.

The MMEX refinery sits atop no productive geology.

MMEX inland refinery: on.top.the.second.lightest.crude deposit in the world after South Africa.
With the proper fuel filter you could run a John Deere on the Permian Basin stuff.

[CEOs]

Absolutely true, thank you for providing true mmex info.