Replies to post #89996 on MMEX Resources Corp (MMEX)

[jmjjw]

Nearly a year later, this fluff piece still fails to make a case for MMEX.

MMEX has no supplier agreements.

MMEX has no customer/off-take agreements.

MMEX's stranded, isolated site has no crude transmission pipeline access, and no refined product pipeline access. The rail line is deprecated, unusable to the south and west.

MMEX has demonstrated the counter to the claim "there's plenty of financing available," as MMEX nearly a year later has failed to secure project financing, and MMEX is ineligible in any realistic sense (pre-revenue, insolvent, toxic-debt stuffed shell corporation) to secure any.

MMEX, still a share-selling scheme a year later... recycled PR doesn't change that.

Energy Executive Q&A


Jack Hanks quote:

It’s basically project financing 101. You’ve got to have the location. You’ve got to have the feedstock. You’ve got to have the offtake agreements. You’ve got to have the permits. And with that, there’s plenty of financing available.


https://www.bizjournals.com/sanantonio/news/2017/03/14/energy-executive-q-a-ceo-talks-about-plans-to.html

MMEX STRONG

[TAB78]

Yeah nothing like waiting to its gets close, to shake off the weak hands and get 5hings in better hands