OTCPK:MAUXF - Post by User
Post by
3lectricgorillaon Nov 15, 2012 4:43pm
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Post# 20606939
6 monthes of high pipeline losses
6 monthes of high pipeline losses It doesn't matter how much oil you have in the ground. If you can't safely get that oil to market then revenues will be affected. The pipeline losses look to be here to stay. Is this really temporary. We had high pipeline losses last quarter and still having the same high pipeline losses this quarter. Thats 2Q's or 6 monthes. This is a big issue in my opinion. The market sold off today in my opinion because of the pipeline losses and the delays at the terminal. The delays at the terminal I can understand but Mart has to due something about these recurring pipeline losses. Thats 10% of oil for Mart shareholders gone every quarter.