OTCPK:MAUXF - Post by User
Post by
molymoneyon Oct 18, 2012 12:03pm
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Post# 20498321
MORE BULLISH NOW!!!!!
MORE BULLISH NOW!!!!! Actually i'm much more bullish now LOL. Wade said that shell estimated we can put 35,000 to 45000 bod in their line (not what said we might be restricted).
Also during the development programme during the next two to three years we will get about 62% OF the forward oil.
So revising my pessamistic numbers LOL..
THerfore : 62 % of 31,000 = 20,000 bod for MMT ..have to lower theft cause Wade was talking directly to operators losses so i have to use 12% to be fair...%88 of 20,000 is about 18,500 given to MMT INITIALLY when we go into the shell line .Thats more than triple what we get now !!!!!!! Furthmore we can ramp that up quickly in horiz drilling.plus again we are getting into more fields.. They have $50 million in cash reserves for divis. so i think yes the divi could double to 40 cents after a few months into new line.
WHY NOT !!!! ..unless they want to special divi us on a regular basis like Wade said
MM