OTCPK:MAUXF - Post by User
Comment by
wallywillon Apr 01, 2014 1:08pm
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Post# 22396141
RE:RE:RE:RE:RE:RE:Good start this morning
RE:RE:RE:RE:RE:RE:Good start this morningMart has more than enough funds on hand as well as the LOC to get another marginal field. The pipeline will be finished this year and production could double from its current levels once it comes on line. We have wells with oil sitting behind the pipe and the central production facility has the increased capacity to 35,000 BOD. With that being said, Mart is in Nigeria and just about anything can happen to its production numbers with oil theft, and illegal bunkering. That is why we trade at a discount. GLTA Wallywill