OTCPK:MAUXF - Post by User
Comment by
jcjcjcon May 28, 2012 9:30am
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Post# 19951912
RE: April Op Update came out today
RE: April Op Update came out today Interesting to see that they comment that the deliveries for export are NET of estimated pipeline losses. I guess they have finally seen the light and decided to imbed some losses in advance so as to manage expectations and avert another 25% sell off when they find out how Italian accounting will actually work in 2012.
UMU 10 delayed until end of June due to long lead time requirements?? I wonder what they need for 10 that wasnt available for 9. It sure would be refreshing if the board could try a dose of truth and frank disclosure as opposed to slight of hand wording in PRs. That is the problem with 2 lawyers on the board more interested in their firm's business relationships than proper corporate governance.