Mart Resources Inc MAUXF

RE: RE: RE: RE: RE: Forget pipeline, join Mira

[oullins]

I like and own some Mira but .....

Relationship with Mart. 
Mart at a chance of picking up the field quite some time ago but they passed due to small reserves and a gas risk (at the time). Mart is not looking at it at the present time.

Risk of offshore platform in Nigeria. 
If you think Nigeria has only pipeline safety  problems then think again about offshore.  The platforms are very difficult to protect  and pirates love to kidnap people working there and hold them for ransom.

They have no ;CF at the present time and it is not sure how much money they will need to get where they want to be in revenue.

Again, I like the play for the good reasons.  I got my feet wet by taking a small position but I am going to stay where I am until I see some oil flowing.

Cheers,

Back to  turkey day.