OTCPK:MAUXF - Post by User
Comment by
Box927on Oct 10, 2008 2:07pm
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Post# 15519802
RE: Box927
RE: Box927Hi ray_bay98
I agree with you. At this SP MMT is cheap. The May 2008 Corporate Presentation has a 2009 cash flow estimate at just under $150 million at $87 oil so I think your number of $110 million can be reached. OPEC is already predicting a production cut so MMTs estimate of $87 oil could be accurate. The markets are just melting down with I am sure many margin calls.
Regards