OTCPK:MAUXF - Post by User
Comment by
marvelgoldon Dec 07, 2011 10:05am
327 Views
Post# 19298754
RE: Oooops ..... missed a bit
RE: Oooops ..... missed a bitHere's a happy thought: read the part where it says "There was another Nigerian company that was bought out by a Chinese company for $7 billion (B)last year. Mart will likely be producing at that level in a year or so. Right now it only has a $200M market cap. So, you cansee the upside is huge." Should we close the gap in valuation and get a buyout offer for anything close to 7 billion, it means our 200M mkt cap gets multiplied 35 times, yes that is right 35 times, or roughly 26.00 a share.