OTCPK:MAUXF - Post by User
Comment by
scramblin8manon May 16, 2012 10:42am
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Post# 19915102
RE: Paths
RE: Paths The only buyout that I see is from Marts partners so Nigeria has no factor - as to buyouts from other parties I do not see it happening because of the partnership with the 2 Nigerian companies. Now I suppose it is possible that a buyout could come from other Nigerian interests that have the blessing of Marts Partners. At the end of the day I do not think a buyout would be in the best interest of the shareholders as any buyout at this point would be too low based on the prolific nature of this field.
The best way to capture the value is through a significant monthly dividend. After reading Oulins posts and looking at the partner websites I can see the need for a special dividend as well.
We desperately need some news flow as the chart is breaking support. The production numbers for April are overdue and would be really helpful as well as the first quarter financials. I expect we are going to take a major hit to the share price without news as delayed news these days is always bad.