To add to that, the question that all the money is
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Posted On: 01/09/2018 11:41:52 AM
To add to that, the question that all the money is waiting on is what percentage is MMEX gonna retain in Pecos refining and transport. Will they hold 35% or 20% etc... cause that's the value here (and correct me if I am wrong). How much X% of a 10k/50k/100k refinery is worth. Until then it going to be swings that can be used to profit a little or accumulate around a core position. IMHO
When Maple acted as the operator for their Natural Gas project in Peru and I believe their ownership percentage after all the financing was about 20%. They then sold that out and moved to their ethanol project. That's the only historical comparison I have from a project by these same actors.
When Maple acted as the operator for their Natural Gas project in Peru and I believe their ownership percentage after all the financing was about 20%. They then sold that out and moved to their ethanol project. That's the only historical comparison I have from a project by these same actors.
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