OTCPK:MAUXF - Post by User
Comment by
mat_hogon Aug 16, 2011 11:56am
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Post# 18947528
RE: RE: Union Securities
RE: RE: Union SecuritiesThe only limit to MMT's cash flow is above the existing 8k bopd contract they have now. Lets also be clear the government of Nigera needs more oil to be sold they are adding more marginal fields and working to boost the countries production, at some point MMT's oil will get to market one way or another. But at these oil prices ($105+) MMT will still get over $10.5 million in revenues per month at 8k bopd, money wise would not seem like Agip could stop the new pipeline unless they can stop the permits.