OTCPK:MAUXF - Post by User
Comment by
SUEMEon Jun 19, 2009 10:10am
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Post# 16083786
RE: 9.5 Cents
RE: 9.5 CentsGood Point, however the Nigerians are not going to be credited for any diplomacy.
It's not going to be any coincidence that financials will be released next week. Keep in mind they are reporting for December 31, where oil prices were lower. In trun, the first quarter financials whould be released as well. I would also expect that with the DD being done, with higher oil prices, we should see an improvement to Working Capital, and that should result in a slightly higher offer. My guess is in the 15 to 16 cent range. Don't expect anything more, unless another offer shows up.
Good Luck to All!