OTCPK:MAUXF - Post by User
Comment by
CalifDreamingon Jun 24, 2012 5:02am
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Post# 20048466
RE: RE: RE: RE: RE: Pressure on divy?
RE: RE: RE: RE: RE: Pressure on divy? Well, we know capex isn't
. They do have drilling costs. That they get fast payback (ie ~1 month) due to highly profitable wells doesn't change that.
Agreed,
.05 is both affordable and sustainable. Even when the tax holiday expires in 2014, the rise in production will more than offset rise in taxes. If anything, MMT should be able to comfortably afford to raise the divvy in a few years once they get the new pipeline built - as production will more than double.