OTCPK:MAUXF - Post by User
Post by
molymoneyon Aug 16, 2012 12:18pm
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Post# 20224943
Market manipulation arrived in MMT
Market manipulation arrived in MMT The value is here. They just want to see what they can get in shares at each price level. Have listened to the AGM made notes , and decided i wanted more stock. There really is no limit to how high MMT share price can go. Its more a function of time , pipe capacity and or number of drills. Pipeline capacity is the biggest factor as of today, after its solved , its a matter of more drilling to fill it to capacity depending on what we get alotted.
Nobody puttting emphasis on the fact that possibly we have more similar fields coming up in the divestments and marginal field bids. Long term MMT will be bulding more pipelines elsewhere. My price targets are about 5$ once we fill the shell line. Some say this happens in late 2013 , but maybe this happens only mid 2014 because things always go wrong. My target 3 years out is $8 and i see not limit after that, cause Nigerian oil fields in the marginal category (only about 350 of the approx 1000 are in operation and Wade said in the AGM , THEY are looking at about 15 with existing and new partners.
Meanwhile i like getting paid big time every 3 months and i expect to get paid up to 3 times more in dividends when they fill the shell line..even if it takes 2 years to get that ..i will be very happy to get 50 or 60 cents a share :)
MM