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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

Bullboard (OTCPK:MAUXF)

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Comment by matt1791on Jan 22, 2016 2:59pm

RE:RE:MMT. was a 1 billion dollars company a few years ago

i would not be surprised to see  a higher offer. THIS OFFER FRIGGIN CHEAP FOR A COMPANY PRODUCING 16,340 BARRELS OIL A DAY. AND LOWEST COST PRODUCTION COMPANY..
Comment by mjh9413on Jan 22, 2016 2:48pm

RE:subject to a financing condition, yike

Go to the San Leon website. Much more info there than the MMT Board gave in NR (what does one expect!!!). They say they have $100MM out of the $180MM, but that means nothing in terms of all these ...more  
Comment by redscorpionon Jan 22, 2016 2:46pm

RE:MMT. was a 1 billion dollars company a few years ago

agreed...considering latest movements in oil price...oil seems to be trendy again....
Post by redscorpionon Jan 22, 2016 2:42pm

Citigroup: Oil Is The “Trade Of The Year”

  Citigroup: Oil Is The “Trade Of The Year” 22 January 2016 https://oilprice.com/Energy/Energy-General/Citigroup-Oil-Is-The-Trade-Of-The-Year.html FTSE 100 posts first weekly gain of 2016 as ...more  
Post by MasterTigeron Jan 22, 2016 2:41pm

subject to a financing condition, yike

The arrangement is subject to a financing condition. San Leon has agreed to complete a financing and advance sufficient funds to Acquireco in order for Acquireco to deposit the aggregate per-share ...more  
Post by MasterTigeron Jan 22, 2016 2:39pm

why MMT trading at 17 when the settlement price is at .25?

Smells kind of fishy, no date or anything metion.
Post by matt1791on Jan 22, 2016 2:21pm

MMT. was a 1 billion dollars company a few years ago

this 25 cents  offer is so cheap... i hope another buyer will pay more .. it deserves
Comment by redscorpionon Jan 22, 2016 2:15pm

RE:16,340 barrels oil a day production. THIS OFFER CHEAP

Hey matt1791...., agreed ....heck of a cheap offer....and i would not be surprised to see  a higher one in the future....oil price did very well today....but anyways....it shows that we are ...more  
Comment by mjh9413on Jan 22, 2016 2:08pm

RE:RE:RE:San Leon enters.. and......Reverse Takeover........

final p.s San Leon is a @dog@ in terms of its financials (only Euros 2MM in revs so do not be too sure about finding $180MM toyal commitment!!eom
Comment by mjh9413on Jan 22, 2016 2:08pm

RE:RE:RE:San Leon enters.. and......Reverse Takeover........

final p.s San Leon is a 'dog' in terms of its financials (only Euros 2MM in revs so do not be too sure about finding $180MM toyal commitment!!eom
Post by matt1791on Jan 22, 2016 2:03pm

16,340 barrels oil a day production. THIS OFFER CHEAP

IN DECEMBER AVERAGE DAILY OIL PRODUCTION IS 16,340 BARRELS.. THIS OFFER IS SO CHEAP.. LETS SEE IF WE GET ANOTHER BID MAYBE HIGHER.. THIS IS SO UNDERVALUED COMPANY.. THEY WANT HUNT AT THIS CHEAP PRICE. ...more  
Comment by mjh9413on Jan 22, 2016 2:02pm

RE:RE:San Leon enters.. and......Reverse Takeover........

p.s. that is why they want a close date before the poan moratium period ends in March!!! Don;t forget San leon are putting in $180MM as their part of the deal. MMT gets $64MM!!!! And where's value ...more  
Comment by mjh9413on Jan 22, 2016 1:55pm

RE:San Leon enters.. and......Reverse Takeover........

San Leon is effectively buying MMT@s ~10% interest in OML 18 and Midwestern get all MMT@s interest in the old fiels. The deal reveals that OML 18 was producing at over 31,00boepd in Sep 2015 and most ...more  
Post by redscorpionon Jan 22, 2016 1:33pm

San Leon enters.. and......Reverse Takeover........

Fri, 22nd Jan 2016   https://www.lse.co.uk/AllNews.asp?code=ix3oo6u6&headline=San_Leon_Enters_Nigerian_Onshore_Production_With_Reverse_Takeover_ALLISS
Post by redscorpionon Jan 22, 2016 1:28pm

San Leon Energy backs Midwestern’s deal for Mart Resources

San Leon Energy backs Midwestern’s deal for Mart Resources 22 Jan 2016 https://www.proactiveinvestors.co.uk/companies/news/121674/san-leon-energy-backs-midwesterns-deal-for-mart-resources-121674.html
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