Replies to post #104591 on MMEX Resources Corp (MMEX)

[jmjjw]

Nope, not Mad J. - just Bubbles, the PR girl, from International House of PR, posting irrelevant links to distract and deceive unsophisticated MMEX retail investors...

The current lack of take-away will impact small producers through the end of 2019. The big producers have firm transportation contracts in place.

MMEX's proposed Phase I system, which has not started construction at this point, because MMEX has failed to obtain project financing, is:

- too small (10Kbp/d) to have any meaningful impact
- isolated, far from gathering systems, terminals (the nearest is more than 30-road miles distant) and transmission lines
- would not come on-line, even if it were built, before sometime in 2020, assuming it were financed before the end of calendar 2018, which will not happen

MMEX's proposed Phase II, a distant, imaginary fantasy, is similarly too small to have any meaningful impact, and it is even less likely to be realized than the failed out the gate Phase I.

The discount on WTI varies for a number of reasons, and MMEX would never realize it - this is all irrelevant for a share-selling scheme, which is all MMEX is...

New link on the MMEX website. Its there for a good reason. IMO. Jack is still on the job.

https://www.bloomberg.com/news/articles/2018-06-20/shale-giant-says-permian-oil-faces-shut-ins-on-pipeline-shortage

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