Replies to post #83096 on MMEX Resources Corp (MMEX)

[jmjjw]

MMEX has no edge in this, and zero benefit from anything proposed in Phase I.

Having worked in refineries, designed process flows, and control systems, and having been an engineering contributor to the most successful EPC's in the world, I can assure you that while a refinery may have been operating in a particular location for decades, units within refineries undergo periodic turn-around, and ongoing modernization.

Control systems are upgraded continually, processes modeled and tweaked, and regular maintenance at the component and unit level are conducted in all of today's refineries.

MMEX has no competitive advantage, and in fact it would suffer operationally for the first year or so, if anything were ever actually built. It takes skill, time, and lots of modeling, simulation, and validation to run even a simple, rudimentary topping unit like what MMEX proposes in Phase I. The skilled teams are relatively rare, and hard to put together to run a unit.

The only "wow" in this are the MMEX proponents and cheerleaders, who have zero understanding of the sector, the technology or associated issues making astonishing claims that have no basis in fact or reality.

As false as you posing that a 40 yr old refinery is state of the art and brand new, lol.
Wow !

[PinkEyeGuy]

Actually, you are wrong as can be. Those 40 year old refineries are state of the art and maintain to the highest standards. The problem is you don't understand anything about this business. You are not even familiar with the terms "turn around" or "shutdown". The Coastal refineries are multi-billion dollar facilities that spend more on maintenance annually than the proposes cost of this phase 1 of Jack's scam. They haven't remained in the same state for the past 4 decades, they go through constant modification and expansion. As for the "leaking" part; all plants will spring leaks. Mechanical seals and spiral wound gaskets fail, but there are maintenance personnel to replace them standing by. The leaks are not decay of pipe, pressure vessels, or boilers.