OTCPK:MAUXF - Post by User
Comment by
grandpama4on Oct 11, 2012 4:56pm
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Post# 20475122
RE: Q3 VS Q4
RE: Q3 VS Q4 Was your understanding that all capial cots recoveries relating to UMU 10 would be deferred for 90 days as the MD&A is not clear if it is all or costs up to spuding date of July 4 would be deferred. We obviously had incurred $ 1,964,360 to June 30 as these have been included in acounts receivable. Does the deferral effect our % of oil produced and sold or ONLY OUR CASH FLOW as we are financing UMU10 costs for 90 days