OTCPK:MAUXF - Post by User
Comment by
ncideron May 24, 2013 12:35pm
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Post# 21437379
RE: Next Marginal Bid Round...weeks away
RE: Next Marginal Bid Round...weeks away
“Unfortunately, out of those 24 licences only 9 are producing.
The government is keen to ensure a higher level of success with this licensing round, which the Minister explained, was the reason why the announcement had been continuously delayed.”
So what’s the most obvious strategy for ensuring a higher level of success with the next licensing round? Start by granting licenses for the most promising fields to the proven producers from the previous round! They can’t afford to have failures for their best marginal fields.