Mart Resources Inc MAUXF

Pipeline Cost

[molymoney]

The pipeline cost is like comparng a millionaire walking in to buy a pair of designer jeans. The cost is a mere pittance. What is significant is "TIME"..HOW LONG WILL IT TAKE TO GET OUR OIL FLOWING THROUGH IT!!

Meanwhile we have about 33cents/share in the bank and i don't see why they would not forward 10 cents in special and start 5 cent quarters.

I Emphasize again any money spent is reduced in taxes and other deductions from our bottom line so really if they have 65 cents /share at end of year ..u might as well hand out 40 cents in divies cause the 25 cents they keep to spend is actually worth double or 50 cents = $$160 million bucks because u get the tax deductions and reductions on royalty if u spend it developing. Thing is the most expensive well is only $14 million  and bidding on other fields is relatively cheap as most of the bidding is the promise to develop so even if they bagged two of the most prime properties and promised to start 2 highly expensive wells on each ..thats only $56 million bucks.

In summary where do they put all the money???..if they get the ramp ups as promised in the presentation from the agip line .there will be even more money..i would say if the get the shell line going first quarter in 2014 and they getting paid for 25000 net to mmt.. i would not be surprised to see a 50 cent total divy /year and i stil dunno what  they do with all the extra money...oil will go back up by then too..back to $130++ per barrel for brass ..25000 x $130 x 330 days =about BILLION BUCKS PER YEAR..with no debt ..still no capex..they will probably be racking in about 40$ million a month profit then or approx . about $1.25 /share profit per year like i said a long time ago ..with no great cost they could pay about $1 dividend per year.and keep the 25 cents to build wells at an alarming rate cause 25cents is worth 50 cents in development or about $180 million/$14 million = about 12  $14 million monster wells per year

MM