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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by Fernando2010on Sep 06, 2012 6:12pm
289 Views
Post# 20327624

RE: RE: Question about drilling and CAPEX

RE: RE: Question about drilling and CAPEX

Aazzcux:

I already know that the sub had on original outflow when it purchased the rig.

My question is: in the present state of things, is Mart  cash flow neutral for the drilling activity? how is Mart charging its partners for the drilling service provided by the sub? if the cost of the drilling rig is greater than the cost of third party services, actually the drilling activity could be cash flow positive for Mart.

I would like to hear some educated oppinion on this subject

Fernando

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