Replies to post #90373 on MMEX Resources Corp (MMEX)

[jmjjw]

MMEX isn't building a refinery - it has failed to obtain project financing even for the 10,000 bpd rudimentary topping unit. MMEX never intended to build a refinery, it is only a share-selling scheme.

A photograph of a completed, unrelated facility fails to advance the case for MMEX.

Construction roads are made only as wide as necessary - to do otherwise wastes money, and creates maintenance problems.

Behold the road to an oil refinery. 20 feet won't cut it for a 100,000 bpd refinery. Lots of traffic on a road like that. 20' lol. Come on now.

http://www.iftn.ie/archive/locationpics/whitegategall1.jpg

MMEX