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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Bullboard Posts
Comment by oullinson Aug 29, 2011 12:21pm
421 Views
Post# 18989654

RE: .12cents for Q2

RE: .12cents for Q2JMcoil, no you do not read it right.  We are talking about  different numbers.  My 7c   was after tax and G&A   CF. 
Fund flow (12.2c) is after royalties but before petroleum taxes.   (65%)

To get to net earnings from my 7c  you need to take out depletion and interest plus a few more things.  The actual  net earnings was 5c so I was actually very close.

I need to reconciliate the numbers with the actual filling. It will take me a bit of time to do that. 

One thing I noticed was that the share of Mart was 68%  I had 60% to be conservative.

I had the fied production with 5K with 769,800 Barrels    vs actual of 764,700 barrels.

More to come when I get some time.  I am quite busy with gold miners today.

Did you guys see my Romios by the way ?   :-) 
Bullboard Posts