Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Mart Resources Inc MAUXF

Energy Oil & Gas E&P


OTCPK:MAUXF - Post by User

Mart Resources Inc > Operational Update - status please!
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by dr_airtimeon Aug 28, 2012 11:00am
349 Views
Post# 20268728

RE: Operational Update - status please!

RE: Operational Update - status please!

Sueme - we have seen the operational update included in the quarterly results before so I wouldn't worry. Tonight or tomorrow morning.

EPS should be $.07-$.09 assuming Mart is entitled to 60% of Umu production. Note that there is no way we will be near record Q1 earnings of $.11 as we got 82.5% of Umu oil production in Q1 due to cost recovery on the very expensive Umu-8 well, which was likely close to fully cost recovered in Q1.

I am going with 60% guess and the rest is pretty easy to calculate off of the operational updates provided, Bonny oil prices and status quo operating costs and DD&A (depreciation, depletion & amortization).

I would be very surprised if we are not in that $.07-.09 range.

 

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse
Later
Participate
Not interested