Mart Resources Inc MAUXF

RE: Reading between the lines

[billythekidd]

Not reading between the lines but looking at the facts.......Mart Spudded UMU10 in July...Its been 8 months and we still need to move the rig back to test the final two zones and get final production capacity of this well....... We all no Mart was shut in for 24 days in December for a pipeline explosion...Agip got it up and running for the final 7 days of the Month and we still loose 17 % for lost Oil...maybe they missed welding some of the joints in the repair...LOL.....The market gives us credit for Oil Shipped...With Factors that Mart has no control over they have failed over the last 90 days....down 25 days December...10 February..... Gives us 55 days of 11000 bopd production less 17 % for lost oil nets Mart and Partners 45 Days for the bottom line...with Marts share at 50 % we net about 2800 bopd on average....not a number that would get the big boys excited.......Dont get me wrong !...I am long on Mart...... but  the numbers dont lie....  Cheers Billy