OTCPK:MAUXF - Post by User
Post by
Joseph_Kon Oct 14, 2013 4:30pm
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Post# 21815123
MMT or IAE
MMT or IAEI'm thinking of buying one or both right now.
I didn't think MMT's prospects for 2014 were as strong, but I just read this in the BMO note a few posts back:
- With the drilling yet to take place, combined with the existing production, Mart could be in a position to deliver approx. 30,000 boe/day in Q1/14.
That would have them exceeding IAE's 2014 peak numbers. It makes me wonder why MMT has a $395 million market cap while IAE's is $770 million.
Does the market really doubt that the new pipeline gets completed in 2014 so much that they think MMT should have half the market cap of Ithaca Energy?
I would appreciate thoughts on this from anyone else who owns both companies.