OTCPK:MAUXF - Post by User
Post by
wallywillon Oct 17, 2014 12:01pm
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Post# 23037919
New pipeline, new terminal
New pipeline, new terminalGood to see today that the SP is still recovering nicely. With the new pipeline finished and ready to pump oil to increase Mart production, we should see continued strength in the SP. Congrats to those who were brave enough to add at the fire sale prices earlier in the month. With oil flowing to the Forcados Terminal it gives Mart an additional export route other than the current Brass Terminal. Pipeline losses may never be eliminated as this is Nigeria after all, but hopefully it will be substantially reduced from its current levels. I also noticed that our resident troll has disappeared at least for now anyways but certain to reappear to bash so he can rebuy lost shares. GLTA Wallywill