OTCPK:MAUXF - Post by User
Comment by
zeus55on Nov 02, 2013 8:40am
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Post# 21870650
RE:Losses in the Trans forcados pipeline
RE:Losses in the Trans forcados pipelineOutstanding bit of DD Fernando.
If true, it highlights the importance of getting the Umugini pipeline completed.
It also makes one wonder exactly what is going on with the AGIP pipeline. Are most of the "bunkering" losses on that line actually occuring at the terminal, simply losses created on paper by criminals at the highest level?
Mart may not like communicating to their shareholders, but it is time to update us on the status of the new line. If we don't get that update when they announce UMU-11 results, we will know there is something seriously wrong.
So the next news release will be a game-changer, one way or the other.