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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by Resilienceon Jan 13, 2013 5:59am
605 Views
Post# 20831084

RE: RE: RE: A post from IV - Acquisition

RE: RE: RE: A post from IV - Acquisition

I am not a big believer in MMT getting acquired, I think much more value would be unlocked with another Marginal field program and raising the divvy in the future.

 

But let's say they will be and apply recent acquisition prices. Even if the field will be 100 mln 2P (which I believe it can be), so 50 2 P net at those metrics with current acquisition prices being $2,5 to max $4 per barrel 2P, you don't get to good buy out prices.. 

R.

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