Mart Resources Inc MAUXF

RE: presentation

[jimmer10]

I thought the same thing, but not worried.  Slowing the drilling process allows the partners to maintain a strong cashflow for Q3 so they can work on he pipeline build.  Mart doesn't need the extra cash in the short-term.  As per the presentation, increasing export routes and redundancy is key for huge cash inflows next year.  

 

Since the pipeline won't be operational for a year or more, the best short-term derisking strategy would be to strengthen relationships with the communities and AGIP/ENI.  The drill bit will drive the share price up and down, but the relationships will pave the way to huge cashflows.  

 

It is a bit frustrating that we have to play detective with this company to find out he status of drilling.  Not the best company for managing shareholder expectations, but i believe there are great riches in store for this company.

 

Trade safe and well!!