OTCPK:MAUXF - Post by User
Comment by
zeus55on Sep 18, 2013 8:07am
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Post# 21747801
RE:past news release
RE:past news releaseNo, the payback of overlift from nominated oil has nothing to do with the pipeline "losses".
We have no idea what drives the amount of those losses in any given month, and it seems neither does Wade.
We accepted the higher losses before because we believed the bs about bunkering. But with the ridiculous numbers we are seeing AFTER all of the downtime for repairing the AGIP pipeline, it has become obvious that we are dealing with corruption at the highest levels.
Sucks, but it is Nigeria.