OTCPK:MAUXF - Post by User
Comment by
oullinson Oct 11, 2012 5:42pm
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Post# 20475293
RE: RE: Q3 VS Q4
RE: RE: Q3 VS Q4 Not sure at that level of detail but I assume all cost associated with UMU10 were differed 90 days. Costs are counted on a monthly basis if I recall and paid back in oil the following month. This is a level of detail that does not make much difference if you look at the all year, you can drive yourself crazy if you try to figure out what spills over from one month to the other and since we do not have the data you can't do it anyway. It is better to assume some global estimate. Take 60% for Q3 and you will be in the range. Also what we should look at is the 1st half vs the second half and there is a very good chance that we will have a very nice second half with numbers being normalize across 6 months
Since Mart is now a dividend play for many people the real question is "can they pay the dividend for the next 3 quarters?" and the answer is" heck yes"