OTCPK:MAUXF - Post by User
Comment by
Fernando2010on Sep 06, 2012 6:12pm
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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