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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Bullboard Posts
Comment by stockpeekeron Mar 15, 2012 11:37am
316 Views
Post# 19674212

RE: Capacity

RE: Capacity

Bobby, I think you are right about the plan to add pumps between Mart and Agip facilities so that the pipeline can push more oil to the export terminal.  That will be a huge deal, as it will allow Mart to increase cashflow significantly.  Hopefully the export terminal and tanker schedules can handle the additional oil available via AGIP pipeline from Umusadege, etc. 

At this point I would think the Shell deal to buy oil from a new, yet-to-be-permitted-and-built pipeline will not raise the stock price very much short-term since it would not raise cashflow until all new pipeline details have been contracted and executed, that is, built.  It would allow increased estimates of future cashflow, however, and justify additional drilling (UMU-10, -11, -12 etc) to increase UMU field production quickly when the new pipeline is built.

Following a Shell deal announcement, we should expect increased target prices from analysts and an upslope to the stock price between the Shell deal announcement and new pipeline startup date (12-18 months away).  That in itself is a good reason to continue accumulating the stock even after the Shell announcement.

Think of the Shell deal as the thing that will allow Mart stock price to begin acting like AAPL's ...

We do have a great future from the UMU field if the ducks can just get tagged and tamed and tied together into a nicely coordinated row.

'peeker

ps>  At least that's what a little ducky told me.

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