OTCPK:MAUXF - Post by User
Comment by
dowdon Apr 27, 2008 1:05am
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Post# 15013037
RE: Mart's pipeline and export terminal question
RE: Mart's pipeline and export terminal question I think the discount here is too large if it is because of pipeline bombings so I added last week. We are trading at 1 or 1 1/2 times next year's cash flow. Once we start drilling again along with the cash flow I am betting that we trade considerably higher.
There is huge upside if we ever get Que Ibo straightened out. Also, I am sure that some of the discount is because of management delays and we will see if that is warranted or not over the next quarter or two.