OTCPK:MAUXF - Post by User
Comment by
oullinson Dec 20, 2010 12:01pm
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Post# 17870719
RE: RE: RE: RE: RE: RE: last trade of the day, 500
RE: RE: RE: RE: RE: RE: last trade of the day, 500Radcat, do not forget that testing is not the only thing in the way of production.
1 Oil needs to be fully tested and approved for transport on the pipeline (should be done already but not sure)
2 The Nigerian oil ministry needs to process a bunch of approval before production can start or even be announced. They have to review every test that has been done. It is a lot of paperwork and they have not been known for their speed of execution.
The end of year holiday period is not helping either. A lot of that is out of Mart's hands so we just have to wait.
I heard a lot of drinking helps.