Replies to post #117398 on MMEX Resources Corp (MMEX)

[tdbowieknife]

As permitted Hanks refinery cannot produce diesel... There won't be any to sell.

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Buyer Beware

Obvious front loaded pump and dump share selling scam



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[jmjjw]

MMEX-scam’s proposed Phase I small-scale, rudimentary tea-pot topping unit could not produce a single drop of any product marketable, or salable as “diesel.”

USEPA requires that all fuels used in combustion applications meet certain standards. All of those standards set a maximum allowable sulphur concentration level.

MMEX-scam’s proposed, and (unfortunately) permitted unit has no, as in zero de-sulphurization capability.

As designed and permitted, MMEX-scam’s rudimentary topping unit could only produce an intermediate fraction known as AGO - Atmospheric Gas-Oil. This is sometimes incorrectly called “straight-run diesel.” AGO contains concentrations of sulphur, which MMEX-scam’s proposed Phase I system cannot remove.

There is no direct market for AGO - it must be processed in a conversion system to stabilize, further separate both lighter, and heavier fractions, and de-sulphured. It must also be cetane boosted, and have its vapor pressure modified through processes MMEX-scam’s proposed Phase I tea-pot unit lacks.

So, in case it isn’t abundantly clear, MMEX-scam’s Phase I could never produce a single droplet of any product that could be marketed, labeled, or used as “diesel,” in any combustion or fuel application.

Any downstream distributor intending to handle AGO would require a separate fleet, segregated storage, including on-load/off-load racking, in order to transport, store, and distribute AGO - primarily due to sulphur contamination. AGO cannot be mixed, transported with, stored with ULS Diesel, which is what the market uses in all applications. This would be costly, impractical, and a non-starter for Mad J.’s bogus claimed relationship with Pilot-Thomas.

The single application in which AGO might be used is in a drilling fluid (not frac fluid) application known as HOBM - Heavy Oil Based Mud. That market is dying - declining, as there are less costly, safer, and more environmentally friendly substitutes for ULSD in drilling fluid. It is suicidal from a PR perspective for any service company to use ULSD or any diesel in HOBM applications.

Of course, Mad J., con-man and fraudster lack this kind of sector knowledge, as do the MMEX STRONG. As it happens, there is no, as in zero independent or verifiable evidence of Mad J.’s claimed off-take agreement, further evidence of his B.S.

Someone should tell Pilot Thomas that the diesel they agreed to buy (100% of what MMEX produces BTW) is not saleable. They agreed to buy something that is not saleable. I think there is a paradox there somewhere.