Mart Resources Inc MAUXF

loan not yet?

[zeus55]

According to IV, the loan is still not signed, and the divi announcement is due right now.

Not quite sure what to think.

[terroir]

Worst case, low percentage, would be a suspended dividend for one quarter. Last year, before the special dividend and subsequent quarterly dividends, share price was just north of $1. Given the temporary nature of a suspension as cash is already running again, downside would be limited, perhaps to $1.30 with a fairly quick recovery as production continues and other catalysts kick in. There are all

[JustforFun7]

Actually, it is not unlikely that  Wade would decide to pay a catch-up divy if they had to suspend the divy for one qtr. It would be consistent with what he has done before.   Remember 18 months ago they said they would probably have to divy in place for the beginning of 2012 but got delayed till June announcement.  They paid a double divy to make up for it (10 cents).  Same

[bobby1231]

Just enjoy getting in cheap and divvy will come.IMO You have tomorrow and maybe Monday to buy cheap.IMO  

[kobiyashii]

yeah they paid a special divy before which would cover the 6 months delay last year. If you look at earnings since the dividend being instated mart has not earned it yet. At 20 million every 3 months while not earning the dividend or actually loosing money in the last year most of their cash pile is probably gone especially if you add in major drilling delays on umu 10. All that said the