Replies to post #91951 on MMEX Resources Corp (MMEX)

[jmjjw]

MMEX is not financeable.

What on Earth are you even talking about? Industrial infrastructure projects like refineries are financed in one of two ways - company-financed, typically off balance sheet when possible, or by project financing provided by debt-equity Joint Venture syndication.

There is no possibility of financing a project like even MMEX's rudimentary Phase I proposal "via financing from a lender."

MMEX's own SEC filings, the latest of which clearly indicates a 65/35 debt-equity split. In a $100-million package (which is what is necessary to both construct, and fund O&M) on the rudimentary Phase I, there would normally be a three or more component debt facility, to spread risk, and a private equity placement with multiple participants. There is no "single lender." That is fantasy from uninformed sources who have zero idea how energy sector finance works.

MMEX's shareholder statements are not material, and are all part of the ongoing charade. MMEX's SEC filings clearly state the 65/35 split, and that only preliminary discussions have been held - no commitment has been secured for project financing.

There is no "hate" or other nonsense involved - just commentary based on facts and industry norms.

Eternal patience is of no value against the reality - MMEX is an insolvent, super-dilutive OTC shell company, stuffed with toxic debt. There is no possibility it will garner $100-million in financing even for the failed-out-the-gate Phase I proposal.

The PPS is only material to the retail investor/bag-holders, who must exit at, or higher than the price they invested in the scheme to avoid losses. The declining PPS (almost 90% from the high, and 70% since the Nov. 17 groundbreaking charade/disaster) will make it difficult to get out whole.

The "hate" and "noise" here is related to encouraging anyone to stay on a sinking ship, with no hope in sight.

The PPS has no bearing whether or not this CDU gets built. It will be built via financing from a lender. All the yappin' about the low PPS etc. is like water off a duck's back. I guess the noise makers have to make noise. But when the financing is announced - and from statements in filings and investor updates it won't be a problem to attain - the PPS will naturally and rightfully so go up...way up. So chillaxe., and wait for it. Patience will pay off here IMO.

Haters gonna hate. Noise makers gonna make noise. Its meaningless.

MMEX

[DirtyDawg]

Could not have said it better!!!

[CEOs]

Totally agreed. Mmex is proceeding through building a road. Then other work will begin.