Mart Resources Inc MAUXF

RE: RE: RE: 5 weeks of no production

[grandpama4]

Normally a company will not cut it's dividend due to a work stopage unless they expect they have lost a portion of it's customer base and will have to reduce selling prices and therfore magins to regain market share.( Not the case fot MMT ) I would expect MMT would if necessary use their operating lines of credit their subsidiary has established of $ 25,000,000. if it has a tempory cash  requirement to pay dividends. I would imagine even with a 6 week closure MMT's cash position is strong enough to meet future dividends and developement.Also banks would now be willing to offer more attractive operating lines and terms to MMT based on current production , reserves and news to come on pipeline and UM 10 IMO