OTCPK:MAUXF - Post by User
Comment by
oullinson Nov 08, 2012 12:54pm
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Post# 20577167
RE: RE: RE: New Pipeline/ copied post IV
RE: RE: RE: New Pipeline/ copied post IV Moly, glad somebody remembers some of my posts. :-)
Not sure about Q2 2013 for completion, That's a bit short in a Nigerian calendar even with the accelerated building program being discussed (hint). I would be very happy with a Q3 completion. Any month prior to the end of the tax holiday in December 1013 adds an estimated $5m extra in cash flow verses the same 30K production in January 2014. That could pay for a lot of overtime.
Q3 should be good with a lot of Q2 carry over. Hard to estimate however.
Last week of November will be rich in news.
Cheers